Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, May 16
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.6200–14.9200/bu+0.14−50–−20¢/BuNovember (X)13.7067
Barge Loading ElevatorsUS #1Delivered16.7050–16.8850/bu+0.15+14–+32¢/BuJuly (N)15.8283
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.9000–14.9600/bu+0.14−22–−16¢/BuNovember (X)13.8150
Barge Loading ElevatorsUS #1Delivered16.7950–16.9050/bu+0.10+23–+34¢/BuJuly (N)15.9975
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.6300–14.6800/bu+0.14−49–−44¢/BuNovember (X)13.6933
Barge Loading ElevatorsUS #1Delivered16.4350–16.6350/bu+0.10−13–+7¢/BuJuly (N)15.8783

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered7.1050–7.4050/bu+0.17−55–−25¢/BuDecember (Z)5.1658
Barge Loading ElevatorsUS #2Delivered8.0450–8.1550/bu+0.30−5–+6¢/BuJuly (N)6.7017
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered7.3750–7.4550/bu+0.17−28–−20¢/BuDecember (Z)5.2700
Barge Loading ElevatorsUS #2Delivered8.1050–8.1950/bu+0.26+1–+10¢/BuJuly (N)6.7500
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered7.1050/bu+0.17−55¢/BuDecember (Z)5.1225
Barge Loading ElevatorsUS #2Delivered7.8050–7.9450/bu+0.28−29–−15¢/BuJuly (N)6.6583
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.