
USDA Agricultural Marketing Service state grain bid reports for November 2 and 3, 2026 cover cash grain basis and bids at Midwest interior elevators and Gulf export terminals in Kansas, Illinois, Indiana, Ohio, Louisiana and Texas. Kansas terminal bids were about $6.14 per bushel against the December contract, well above year-ago levels.
Routine cash bid reports reflect current local supply and demand against futures; the reported elevated bids versus last year signal firm nearby corn and wheat demand but add no new driver for futures prices.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.