Cash grain bids / Iowa / Iowa Daily Cash Grain Bids / 2024-05-24

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Iowa Daily Cash Grain Bids

Iowa · Des Moines · Fri, May 24
● Bids as filed15 quotesUSDA AMS · slug 2850

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #1Delivered11.7800–11.9800/bu+0.09−70–−50¢/BuJuly (N)12.9903
Northeast
Country ElevatorsUS #1Delivered11.8100–12.1400/bu+0.09−67–−34¢/BuJuly (N)13.0658
Northwest
Country ElevatorsUS #1Delivered11.7400–11.9100/bu+0.09−74–−57¢/BuJuly (N)13.0996
South Central
Country ElevatorsUS #1Delivered11.8300–12.0300/bu+0.09−65–−45¢/BuJuly (N)13.2654
Southeast
Country ElevatorsUS #1Delivered11.8200–12.1200/bu+0.09−66–−36¢/BuJuly (N)13.2254
Southwest
Country ElevatorsUS #1Delivered11.8300–11.9800/bu+0.09−65–−50¢/BuJuly (N)13.3239
Terminal ElevatorsUS #1Delivered12.1800–12.2300/bu+0.09−30–−25¢/BuJuly (N)13.5975
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Mills and ProcessorsUS #1Delivered11.8300–12.3800/bu+0.09−65–−10¢/BuJuly (N)13.3544

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Central
Country ElevatorsUS #2Delivered4.4475–4.6475/bu+0.01−20–0¢/BuJuly (N)6.5040
Northeast
Country ElevatorsUS #2Delivered4.4875–4.7175/bu+0.01−16–+7¢/BuJuly (N)6.3844
Northwest
Country ElevatorsUS #2Delivered4.5475–4.8075/bu+0.01−10–+16¢/BuJuly (N)6.6929
South Central
Country ElevatorsUS #2Delivered4.4475–4.5875/bu+0.01−20–−6¢/BuJuly (N)6.5217
Southeast
Country ElevatorsUS #2Delivered4.2875–4.5175/bu+0.05−36–−13¢/BuJuly (N)6.2929
Southwest
Country ElevatorsUS #2Delivered4.2475–4.6975/bu+0.01−40–+5¢/BuJuly (N)6.5557
Terminal ElevatorsUS #2Delivered4.7075/bu+0.01+6¢/BuJuly (N)6.6700
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.