Iowa cash bids

USDA report for Monday, October 12, 2026

State

Basis trend: country elevator average

Cents under (or over) futures. Saved every weekday since October 2, 2026, so this fills in day by day.

CornSoybeans

Corn

Country Elevators

Region	Delivery	Basis	Cash range	Avg cash	Year ago
North Central	Current	-48 to -40Z	4.35–4.43	4.39	3.68
Northeast	Current	-59 to -37Z	4.24–4.46	4.36	3.67
Northwest	Current	-45 to -35Z	4.38–4.48	4.42	3.68
South Central	Current	-45 to -35Z	4.38–4.48	4.41	3.67
Southeast	Current	-55 to -40Z	4.28–4.43	4.37	3.60
Southwest	Current	-48 to +1Z	4.35–4.84	4.47	3.69

Terminal Elevators

Region	Delivery	Basis	Cash range	Avg cash	Year ago
Southwest	Current	-27 to -25Z	4.56–4.58	4.57	3.86

Soybeans

Country Elevators

Region	Delivery	Basis	Cash range	Avg cash	Year ago
North Central	Current	-70 to -60X	12.18–12.28	12.22	9.35
Northeast	Current	-84 to -65X	12.04–12.23	12.15	9.34
Northwest	Current	-65 to -45X	12.23–12.43	12.29	9.30
South Central	Current	-70 to -63X	12.18–12.25	12.22	9.30
Southeast	Current	-85 to -60X	12.03–12.28	12.17	9.37
Southwest	Current	-67 to -60X	12.21–12.28	12.24	9.32

Terminal Elevators

Region	Delivery	Basis	Cash range	Avg cash	Year ago
Southwest	Current	-55X	12.33	12.33	9.40

Source: USDA AMS Market News, Iowa daily grain bids (AMS_2850). Basis is in cents vs. the futures month letter (F Jan, H Mar, K May, N Jul, Q Aug, U Sep, X Nov, Z Dec). Call your elevator for its bid; these are regional ranges.