Mixed Grain Prices and Basis Levels Reported Across US in Early October 2026
In early October 2026, the USDA Agricultural Marketing Service reported mixed cash bids and basis levels for grains across the Midwest and key export gateways. The data, compiled on October 6, 2026, showed varying trends in states like Kansas, Illinois, Louisiana, Texas, Portland, Indiana, and Ohio. For instance, Kansas reported steady basis levels for ordinary protein grain, with prices ranging from $6.5225 to $6.8225 per bushel, up from $4.0550 a year ago.
In Illinois, Chicago's ordinary protein bids remained unchanged, with prices between $6.7225 and $7.0025 per bushel, reflecting a modest increase. Meanwhile, country elevators in central Illinois reported average prices of $4.62 for corn and $12.46 for soybeans. Export bids from Louisiana and Texas Gulf ports indicated stable basis levels for corn and soybeans, with prices showing slight upward adjustments from the previous year.
The Portland region saw steady prices for club white wheat and hard red winter wheat, with export elevators reporting prices between $6.6500 and $8.1475 per bushel. Indiana and Ohio also reported mixed trends, with some regions experiencing slight price increases while others saw minimal changes. Futures settlements for various grain contracts, including corn, soybeans, wheat, white wheat, oats, and KCBT wheat, were listed, showing a range of prices for different delivery months.
The report also highlighted key companies in the grain industry, such as Cargill, Archer-Daniels-Midland (ADM), Bunge, and CHS Inc., among others, noting their roles in global grain trading and processing.