Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, Feb 24
● Bids as filed10 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered16.1400–16.4900/bu+0.17−40–−5¢/BuMay (K)13.9717
Barge Loading ElevatorsUS #1Delivered15.9650–16.4350/bu+0.14−65–−18¢/BuMarch (H)
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered16.4550–16.5250/bu+0.20−16–−9¢/BuMarch (H)
Barge Loading ElevatorsUS #1Delivered16.3650–16.4350/bu+0.14−25–−18¢/BuMarch (H)13.8500
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered16.2400–16.3600/bu+0.27−30–−18¢/BuMay (K)13.8250

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.7025–6.9425/bu+0.09−20–+4¢/BuMay (K)5.4375
Barge Loading ElevatorsUS #2Delivered6.7500–6.8700/bu+0.11−20–−8¢/BuMarch (H)
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8900–6.9000/bu+0.11−6–−5¢/BuMarch (H)
Barge Loading ElevatorsUS #2Delivered6.7500–6.8700/bu+0.11−20–−8¢/BuMarch (H)5.4725
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.6925–6.7025/bu+0.08−21–−20¢/BuMay (K)5.3308
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.