Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-01-16

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Jan 16
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.6725–11.8225/bu+0.03−60–−45¢/BuMarch (H)14.9075
Northeast
Country ElevatorsUS #1Delivered11.5725–11.8825/bu+0.03−70–−39¢/BuMarch (H)14.7331
Northwest
Country ElevatorsUS #1Delivered11.5525–11.7225/bu+0.03−72–−55¢/BuMarch (H)15.1461
South Central
Country ElevatorsUS #1Delivered11.7225–11.8225/bu+0.03−55–−45¢/BuMarch (H)14.9889
Southeast
Country ElevatorsUS #1Delivered11.4925–12.0125/bu+0.03−78–−26¢/BuMarch (H)14.8889
Southwest
Country ElevatorsUS #1Delivered11.6725–11.8225/bu+0.03−60–−45¢/BuMarch (H)15.2718
Terminal ElevatorsUS #1Delivered12.0725–12.2725/bu+0.03−20–0¢/BuMarch (H)15.5225
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Mills and ProcessorsUS #1Delivered11.5725–12.2725/bu+0.03−70–0¢/BuMarch (H)15.3075

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.1850–4.3850/bu+0.04−25–−5¢/BuMarch (H)6.8595
Northeast
Country ElevatorsUS #2Delivered4.2750–4.5150/bu+0.04−16–+8¢/BuMarch (H)6.6736
Northwest
Country ElevatorsUS #2Delivered4.2250–4.5550/bu+0.04−21–+12¢/BuMarch (H)7.1425
South Central
Country ElevatorsUS #2Delivered4.1750–4.3850/bu+0.10−26–−5¢/BuMarch (H)6.8111
Southeast
Country ElevatorsUS #2Delivered3.9550–4.3450/bu+0.04−48–−9¢/BuMarch (H)6.5968
Southwest
Country ElevatorsUS #2Delivered4.1650–4.3250/bu+0.05−27–−11¢/BuMarch (H)7.0054
Terminal ElevatorsUS #2Delivered4.4750–4.5550/bu+0.05+4–+12¢/BuMarch (H)7.2475
Source: USDA AMS · Des Moines, IA. Bids are what buyers offered on the day USDA collected them, not settled trades. Change and year-ago figures are USDA's own — nothing on this page is recomputed, and prices in different units are never averaged together.