Mixed Grain Market Trends Reported in Latest USDA Grain Bid Reports

The latest USDA Agricultural Marketing Service (AMS) grain bid reports for October 5, 2026, revealed a mixed landscape across Midwest and export markets. In Kansas, cash grain bids at conventional terminal elevators in the South remained unchanged at a basis of minus 35.00 cents per bushel, with a price of 7.0025 dollars per bushel, down 0.0225. West Bid Ordinary showed a basis range of minus 90.00 to minus 60.00 cents, unchanged, with prices ranging from 6.4525 to 6.7525 dollars.

In Illinois, country elevator averages for Central Illinois stood at 4.62 dollars per bushel for corn and 12.44 dollars per bushel for soybeans. The Chicago region reported an ordinary protein basis range of minus 20.00 to 8.00 cents, with basis changes from unchanged to up 13.00, and prices ranging from 6.6300 to 6.9100 dollars.

At the Gulf, Louisiana and Texas Gulf Export Bids and Basis report for October 5, 2026, showed US No. 2 Yellow Corn with a basis of 60.00 to 68.00 cents over, unchanged, and prices ranging from 5.5650 to 5.6450 dollars. US No. 1 Soybeans at the Gulf had a basis of 94.00 to 102.00 cents over, with prices ranging from 13.7925 to 13.8725 dollars, up 0.0700.

In the Pacific Northwest, the Portland Daily Grain Bids report for October 5, 2026, indicated that conventional export elevators at Pacific ports quoted US No. 1 Club White Wheat with 10.5 percent protein at a price range of 6.6000 to 7.1000 dollars. Futures settlements as of October 2, 2026, showed CBOT corn at 497.75 cents for December 2026, CBOT soybeans at 1278.25 cents for November 2026, and CBOT wheat at 683.00 cents for December 2026.