Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 11
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.2225–14.5025/bu+0.18−50–−22¢/BuNovember (X)14.1808
Barge Loading ElevatorsUS #1Delivered16.1375–16.3475/bu+0.15+7–+28¢/BuJuly (N)16.5217
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.4825–14.5425/bu+0.18−24–−18¢/BuNovember (X)14.2975
Barge Loading ElevatorsUS #1Delivered16.2975–16.3875/bu+0.15+23–+32¢/BuJuly (N)16.6500
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.2225–14.2325/bu+0.18−50–−49¢/BuNovember (X)14.1742
Barge Loading ElevatorsUS #1Delivered15.9375–16.1375/bu+0.08−13–+7¢/BuJuly (N)16.4750

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8075–7.1075/bu+0.17−55–−25¢/BuDecember (Z)5.7267
Barge Loading ElevatorsUS #2Delivered7.7850–7.9750/bu+0.13−10–+9¢/BuJuly (N)7.3475
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered7.0775–7.1075/bu+0.17−28–−25¢/BuDecember (Z)5.8375
Barge Loading ElevatorsUS #2Delivered7.8550–8.0050/bu+0.13−3–+12¢/BuJuly (N)7.4050
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.8075/bu+0.17−55¢/BuDecember (Z)5.6800
Barge Loading ElevatorsUS #2Delivered7.5950–7.7050/bu+0.04−29–−18¢/BuJuly (N)7.3142
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.