Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-05-07

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Tue, May 7
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.7650–12.0050/bu+0.02−70–−46¢/BuJuly (N)13.9225
Northeast
Country ElevatorsUS #1Delivered11.7150–12.1250/bu+0.02−75–−34¢/BuJuly (N)13.8392
Northwest
Country ElevatorsUS #1Delivered11.6850–11.9150/bu+0.02−78–−55¢/BuJuly (N)13.9625
South Central
Country ElevatorsUS #1Delivered11.8350–11.9350/bu+0.03−63–−53¢/BuJuly (N)14.1025
Southeast
Country ElevatorsUS #1Delivered11.8950–12.1450/bu+0.02−57–−32¢/BuJuly (N)13.9196
Southwest
Country ElevatorsUS #1Delivered11.7650–12.0150/bu+0.02−70–−45¢/BuJuly (N)14.1482
Terminal ElevatorsUS #1Delivered12.1650–12.2650/bu+0.02−30–−20¢/BuJuly (N)14.4675
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Mills and ProcessorsUS #1Delivered11.8150–12.4650/bu+0.22−65–0¢/BuJuly (N)14.1925

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.4900–4.7200/bu+0.05−18–+5¢/BuJuly (N)6.2415
Northeast
Country ElevatorsUS #2Delivered4.5200–4.7100/bu+0.02−15–+4¢/BuJuly (N)6.0642
Northwest
Country ElevatorsUS #2Delivered4.4900–4.7700/bu+0.02−18–+10¢/BuJuly (N)6.4775
South Central
Country ElevatorsUS #2Delivered4.4300–4.5700/bu+0.03−24–−10¢/BuJuly (N)6.3361
Southeast
Country ElevatorsUS #2Delivered4.2400–4.6000/bu+0.03−43–−7¢/BuJuly (N)6.0446
Southwest
Country ElevatorsUS #2Delivered4.2900–4.6800/bu+0.02−38–+1¢/BuJuly (N)6.3218
Terminal ElevatorsUS #2Delivered4.7300–4.7500/bu+0.02+6–+8¢/BuJuly (N)6.4975
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.