Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-01-18

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, Jan 18
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.5350–11.6850/bu+0.08−60–−45¢/BuMarch (H)14.6355
Northeast
Country ElevatorsUS #1Delivered11.4450–11.7350/bu+0.08−69–−40¢/BuMarch (H)14.4342
Northwest
Country ElevatorsUS #1Delivered11.4150–11.5850/bu+0.08−72–−55¢/BuMarch (H)14.8889
South Central
Country ElevatorsUS #1Delivered11.5850–11.6850/bu+0.11−55–−45¢/BuMarch (H)14.7389
Southeast
Country ElevatorsUS #1Delivered11.3550–11.8750/bu+0.08−78–−26¢/BuMarch (H)14.6618
Southwest
Country ElevatorsUS #1Delivered11.5350–11.6850/bu+0.08−60–−45¢/BuMarch (H)14.9846
Terminal ElevatorsUS #1Delivered11.9350–12.1350/bu+0.08−20–0¢/BuMarch (H)15.2725
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Mills and ProcessorsUS #1Delivered11.4350–12.1350/bu+0.08−70–0¢/BuMarch (H)15.0125

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.1900–4.4100/bu+0.02−25–−3¢/BuMarch (H)6.7725
Northeast
Country ElevatorsUS #2Delivered4.3000–4.5200/bu+0.02−14–+8¢/BuMarch (H)6.5781
Northwest
Country ElevatorsUS #2Delivered4.3000–4.5900/bu+0.02−14–+15¢/BuMarch (H)7.0596
South Central
Country ElevatorsUS #2Delivered4.1800–4.3900/bu+0.02−26–−5¢/BuMarch (H)6.7311
Southeast
Country ElevatorsUS #2Delivered4.0000–4.3500/bu+0.02−44–−9¢/BuMarch (H)6.5025
Southwest
Country ElevatorsUS #2Delivered4.1700–4.3800/bu+0.02−27–−6¢/BuMarch (H)6.9325
Terminal ElevatorsUS #2Delivered4.4900–4.5900/bu+0.03+5–+15¢/BuMarch (H)7.1925
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.