Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, May 2
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.4050–14.6850/bu+0.24−50–−22¢/BuNovember (X)13.2375
Barge Loading ElevatorsUS #1Delivered16.4625–16.6125/bu+0.44+1–+16¢/BuJuly (N)15.4633
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.6850–14.7050/bu+0.24−22–−20¢/BuNovember (X)13.3450
Barge Loading ElevatorsUS #1Delivered16.5325–16.6500/bu+0.42−9–+8¢/BuMay (K)15.5781
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.4150–14.4650/bu+0.24−49–−44¢/BuNovember (X)13.1975
Barge Loading ElevatorsUS #1Delivered16.3225–16.5400/bu+0.35−20–−13¢/BuMay (K)15.2842

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8725–7.1725/bu+0.09−55–−25¢/BuDecember (Z)5.4200
Barge Loading ElevatorsUS #2Delivered7.7850–8.0150/bu+0.10−25–−2¢/BuJuly (N)7.1408
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered7.1425–7.1725/bu+0.09−28–−25¢/BuDecember (Z)5.5225
Barge Loading ElevatorsUS #2Delivered7.9550–8.0700/bu+0.09−8–−6¢/BuJuly (N)7.2244
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.7725–6.8725/bu+0.09−65–−55¢/BuDecember (Z)5.3700
Barge Loading ElevatorsUS #2Delivered7.7450–7.7600/bu+0.04−37–−29¢/BuMay (K)7.0050
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.