USDA Grain Bids Show Mixed Cash and Basis Moves Across Midwest and Gulf
The USDA AMS released grain bids and basis levels across key US markets on September 22, 2026. The Kansas Daily Grain Bids report showed terminal elevators in the South quoted conventional ordinary protein corn bids at a basis of minus 35.00 cents per bushel against the December contract, unchanged from the previous day.
Country elevator corn bids in Kansas were mixed by region, with prices ranging from minus 20.00 to plus 30.00 cents against December. The average price for terminal elevators was up 0.1075 dollars per bushel.
The Illinois Daily Grain Bids report showed Chicago conventional ordinary protein corn bids at a basis of minus 25.00 cents to parity against December, unchanged from the previous day. Prices ranged from 7.0175 to 7.2675 dollars per bushel.