Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, Feb 28
● Bids as filed10 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered16.0075–16.3575/bu+0.52−36–−1¢/BuMay (K)13.8092
Barge Loading ElevatorsUS #1Delivered15.7675–16.3225/bu+0.52−60–−12¢/BuMay (K)
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered16.2675–16.3425/bu+0.52−12–−10¢/BuMarch (H)
Barge Loading ElevatorsUS #1Delivered16.1175–16.3425/bu+0.47−25–−10¢/BuMarch (H)
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered16.0975–16.1175/bu+0.50−27–−25¢/BuMay (K)13.6792

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6875–6.9475/bu+0.35−22–+4¢/BuMay (K)5.3225
Barge Loading ElevatorsUS #2Delivered6.6875–6.9150/bu+0.35−22–−6¢/BuMay (K)
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8450–6.9150/bu+0.35−13–−6¢/BuMarch (H)
Barge Loading ElevatorsUS #2Delivered6.7750–6.8450/bu+0.38−20–−10¢/BuMarch (H)
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.6775–6.7075/bu+0.33−23–−20¢/BuMay (K)5.1958
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.