Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Fri, May 28
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered13.3375–13.5175/bu+0.06−39–−21¢/BuNovember (X)
Barge Loading ElevatorsUS #1Delivered15.1750–15.3050/bu+0.03−13–0¢/BuJuly (N)
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered13.4975–13.5475/bu+0.08−23–−18¢/BuNovember (X)
Barge Loading ElevatorsUS #1Delivered15.3150–15.3450/bu+0.09+1–+4¢/BuJuly (N)
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered13.4475–13.4575/bu+0.06−28–−27¢/BuNovember (X)
Barge Loading ElevatorsUS #1Delivered15.1550–15.1650/bu+0.10−15–−14¢/BuJuly (N)

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered5.1550–5.3450/bu+0.10−30–−11¢/BuDecember (Z)
Barge Loading ElevatorsUS #2Delivered6.7475–6.8175/bu+0.08+18–+25¢/BuJuly (N)
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered5.3350–5.3650/bu+0.10−12–−9¢/BuDecember (Z)
Barge Loading ElevatorsUS #2Delivered6.8175–6.8575/bu+0.11+25–+29¢/BuJuly (N)
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered5.1950–5.2050/bu+0.11−26–−25¢/BuDecember (Z)
Barge Loading ElevatorsUS #2Delivered6.6475–6.6675/bu+0.10+8–+10¢/BuJuly (N)
Source: USDA AMS · Minneapolis, MN. Bids are what buyers offered on the day USDA collected them, not settled trades. Change and year-ago figures are USDA's own — nothing on this page is recomputed, and prices in different units are never averaged together.