Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Tue, May 3
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.2825–14.5625/bu+0.12−50–−22¢/BuNovember (X)13.4225
Barge Loading ElevatorsUS #1Delivered16.2450–16.4550/bu+0.22−6–+15¢/BuJuly (N)15.6058
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.5625–14.5825/bu+0.12−22–−20¢/BuNovember (X)13.5300
Barge Loading ElevatorsUS #1Delivered16.3850–16.4550/bu+0.15+8–+15¢/BuJuly (N)15.7119
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.2925–14.3425/bu+0.12−49–−44¢/BuNovember (X)13.3825
Barge Loading ElevatorsUS #1Delivered16.1750–16.4100/bu+0.15−18–−13¢/BuMay (K)15.4758

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8025–7.1025/bu+0.07−55–−25¢/BuDecember (Z)5.5950
Barge Loading ElevatorsUS #2Delivered7.6800–7.8800/bu+0.11−25–−5¢/BuJuly (N)7.4708
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered7.0725–7.1025/bu+0.07−28–−25¢/BuDecember (Z)5.6975
Barge Loading ElevatorsUS #2Delivered7.8700–7.9600/bu+0.09−6–+3¢/BuJuly (N)7.3825
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.7025–6.8025/bu+0.07−65–−55¢/BuDecember (Z)5.5450
Barge Loading ElevatorsUS #2Delivered7.6375–7.6400/bu+0.11−37–−29¢/BuMay (K)7.1808
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.