Cash Grain Bids Today: Corn, Soybean & Wheat Prices by State
Cash grain bids are the prices local elevators and processors will pay for your grain today. This page compares the average cash bid for corn, soybeans, wheat and sorghum in each state USDA reports on every day, so you can see where prices are stronger and how your local bid compares.
Last updated: September 29, 2026
Average Cash Grain Bids by State
| State | Corn ($/bu) | Soybeans | Wheat | Sorghum | Report date |
|---|---|---|---|---|---|
| Iowa | $4.79 | $12.56 | – | – | September 29, 2026 |
| Illinois | $4.78 | $12.57 | $6.78 | – | September 29, 2026 |
| Nebraska | $4.91 | $12.35 | $6.73 | $4.50 | September 29, 2026 |
| Missouri | $4.75 | $12.51 | $7.09 | – | September 29, 2026 |
| Oklahoma | $5.19 | $12.28 | $6.75 | $4.48 | September 29, 2026 |
| Colorado | $5.38 | $11.84 | $6.88 | $4.57 | September 29, 2026 |
Source: USDA AMS Market News state daily grain bid reports. Each figure is the simple average of current-delivery country elevator bids in that state, calculated by FarmingAround from the USDA report. Not a quote from any single elevator. Updated every weekday evening. Not financial advice.
Cash Grain Prices by State
- Iowa grain prices
- Illinois grain prices
- Nebraska grain prices
- Missouri grain prices
- Oklahoma grain prices
- Colorado grain prices
Each state page lists every location in the USDA report, with the bid range, basis, year-ago price and delivery period.
How Cash Grain Bids Work
- Cash bid = futures price + basis. Elevators quote a basis (for example “−35Z”, 35 cents under December futures) and the cash price moves with futures every day.
- Basis reflects local supply and demand. Freight to the nearest river terminal, rail loader, ethanol plant or feedlot is the biggest factor. Areas that use more grain than they grow, such as feedlot country, often see stronger basis.
- Harvest pressure. Basis usually widens (gets weaker) at harvest when farmers deliver the most grain, then narrows later in the marketing year.
- Delivery period matters. “Current” is for immediate delivery. Bids for later months can be higher to pay for storage.
Finding Grain Prices Near You
USDA reports regional averages, not every elevator. For a firm bid, check your local elevator’s website or call them. Use the state averages here as a benchmark: if your local bid is well below the average for your region, it’s worth shopping around or asking about storage and a later delivery month.
For futures prices and national context, see corn prices today, soybean prices today and wheat prices today, or go back to all farm market prices.
FAQ
What are cash grain bids?
The price a local buyer (a country elevator, processor, ethanol plant or feed mill) offers to pay for grain delivered to them, usually quoted per bushel for a specific delivery period.
Why are cash prices lower than futures prices?
Cash prices include the basis, which is usually negative in producing areas because grain has to be shipped to where it is used or exported. In areas that import grain, such as cattle-feeding regions, basis can be positive.
How often are these bids updated?
Every weekday evening after USDA publishes its daily state grain reports. There are no reports on weekends or federal holidays.
Do you list every elevator?
No. We show the locations and regional bids that USDA publishes. For your own elevator’s bid, contact them directly.