Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-01-23

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, Jan 23
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.7950–11.9450/bu+0.15−60–−45¢/BuMarch (H)14.3560
Northeast
Country ElevatorsUS #1Delivered11.7050–12.0550/bu+0.15−69–−34¢/BuMarch (H)14.1728
Northwest
Country ElevatorsUS #1Delivered11.6750–11.8450/bu+0.15−72–−55¢/BuMarch (H)14.5907
South Central
Country ElevatorsUS #1Delivered11.8450–11.9950/bu+0.15−55–−40¢/BuMarch (H)14.4536
Southeast
Country ElevatorsUS #1Delivered11.6750–12.1350/bu+0.15−72–−26¢/BuMarch (H)14.3564
Southwest
Country ElevatorsUS #1Delivered11.7950–11.9450/bu+0.15−60–−45¢/BuMarch (H)14.6979
Terminal ElevatorsUS #1Delivered12.1950/bu+0.15−20¢/BuMarch (H)14.9850
—
Mills and ProcessorsUS #1Delivered11.6950–12.2950/bu+0.15−70–−10¢/BuMarch (H)14.7200

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.2450–4.4150/bu+0.01−22–−5¢/BuMarch (H)6.7700
Northeast
Country ElevatorsUS #2Delivered4.3550–4.5650/bu+0.01−11–+10¢/BuMarch (H)6.5867
Northwest
Country ElevatorsUS #2Delivered4.3250–4.6150/bu+0.08−14–+15¢/BuMarch (H)7.0514
South Central
Country ElevatorsUS #2Delivered4.2650–4.3150/bu+0.01−20–−15¢/BuMarch (H)6.7357
Southeast
Country ElevatorsUS #2Delivered4.0550–4.4350/bu+0.01−41–−3¢/BuMarch (H)6.5171
Southwest
Country ElevatorsUS #2Delivered4.2150–4.4050/bu+0.01−25–−6¢/BuMarch (H)6.9129
Terminal ElevatorsUS #2Delivered4.5350–4.6650/bu+0.01+7–+20¢/BuMarch (H)7.1600
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.