Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-05-16

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Thu, May 16
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.4625–11.6625/bu+0.03−70–−50¢/BuJuly (N)13.0360
Northeast
Country ElevatorsUS #1Delivered11.4425–11.7725/bu+0.03−72–−39¢/BuJuly (N)13.0158
Northwest
Country ElevatorsUS #1Delivered11.3825–11.6125/bu+0.03−78–−55¢/BuJuly (N)13.1429
South Central
Country ElevatorsUS #1Delivered11.5125–11.6625/bu+0.01−65–−50¢/BuJuly (N)13.2596
Southeast
Country ElevatorsUS #1Delivered11.4125–11.7825/bu+0.02−75–−38¢/BuJuly (N)13.1082
Southwest
Country ElevatorsUS #1Delivered11.5125–11.6625/bu+0.07−65–−50¢/BuJuly (N)13.3396
Terminal ElevatorsUS #1Delivered11.8625–11.9125/bu+0.03−30–−25¢/BuJuly (N)13.6575
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Mills and ProcessorsUS #1Delivered11.5125–12.0625/bu+0.03−65–−10¢/BuJuly (N)13.3950

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.3700–4.5500/bu+0.06−20–−2¢/BuJuly (N)6.0055
Northeast
Country ElevatorsUS #2Delivered4.3600–4.6100/bu+0.04−21–+4¢/BuJuly (N)5.7769
Northwest
Country ElevatorsUS #2Delivered4.4700–4.6200/bu+0.06−10–+5¢/BuJuly (N)6.1982
South Central
Country ElevatorsUS #2Delivered4.3500–4.5100/bu+0.04−22–−6¢/BuJuly (N)6.0342
Southeast
Country ElevatorsUS #2Delivered4.1200–4.4700/bu+0.05−45–−10¢/BuJuly (N)5.7582
Southwest
Country ElevatorsUS #2Delivered4.1900–4.5800/bu+0.06−38–+1¢/BuJuly (N)6.0639
Terminal ElevatorsUS #2Delivered4.6300/bu+0.06+6¢/BuJuly (N)6.2525
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.