Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 18
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.4950–14.7950/bu+0.26−50–−20¢/BuNovember (X)13.4058
Barge Loading ElevatorsUS #1Delivered16.8275–17.0575/bu+0.11+20–+43¢/BuJuly (N)15.3492
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.7750–14.8450/bu+0.26−22–−15¢/BuNovember (X)13.5250
Barge Loading ElevatorsUS #1Delivered16.9375–16.9975/bu+0.13+31–+37¢/BuJuly (N)15.3900
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.5050–14.5250/bu+0.26−49–−47¢/BuNovember (X)13.4225
Barge Loading ElevatorsUS #1Delivered16.6975/bu+0.05+7¢/BuJuly (N)15.2625

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8525–7.1625/bu+0.21−55–−24¢/BuDecember (Z)5.1833
Barge Loading ElevatorsUS #2Delivered7.7650–7.8850/bu+0.19−5–+7¢/BuJuly (N)6.7892
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered7.1225–7.2225/bu+0.21−28–−18¢/BuDecember (Z)5.2875
Barge Loading ElevatorsUS #2Delivered7.8650–7.9350/bu+0.19+5–+12¢/BuJuly (N)6.8200
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.8525/bu+0.21−55¢/BuDecember (Z)5.1400
Barge Loading ElevatorsUS #2Delivered7.6350–7.6550/bu+0.08−18–−16¢/BuJuly (N)6.6992
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.