Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, May 12
● Bids as filed12 quotesUSDA AMS · slug 3043

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.9800/bu+0.17−55¢/BuDecember (Z)5.3325
Barge Loading ElevatorsUS #2Delivered7.6250–7.7350/bu+0.03−29–−18¢/BuJuly (N)6.8875
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.9800–7.2800/bu+0.17−55–−25¢/BuDecember (Z)5.3758
Barge Loading ElevatorsUS #2Delivered7.8150–7.9850/bu+0.03−10–+7¢/BuJuly (N)6.9108
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered7.2500–7.2800/bu+0.17−28–−25¢/BuDecember (Z)5.4850
Barge Loading ElevatorsUS #2Delivered7.9450–8.0150/bu+0.09+3–+10¢/BuJuly (N)6.9625

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.3050–14.6050/bu+0.08−50–−20¢/BuNovember (X)13.7017
Barge Loading ElevatorsUS #1Delivered16.2075–16.4375/bu+0.07+7–+30¢/BuJuly (N)15.8967
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.5650–14.6450/bu+0.08−24–−16¢/BuNovember (X)13.8175
Barge Loading ElevatorsUS #1Delivered16.3675–16.4575/bu+0.07+23–+32¢/BuJuly (N)15.9900
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.3150/bu+0.09−49¢/BuNovember (X)13.6883
Barge Loading ElevatorsUS #1Delivered16.1375–16.2075/bu+0.200–+7¢/BuJuly (N)15.8500
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.