Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 25
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.7275–14.9675/bu+0.05−40–−16¢/BuNovember (X)13.1633
Barge Loading ElevatorsUS #1Delivered17.1800–17.3300/bu+0.12+37–+52¢/BuJuly (N)14.9883
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.9075–15.0275/bu+0.05−22–−10¢/BuNovember (X)13.2650
Barge Loading ElevatorsUS #1Delivered17.3300–17.4100/bu+0.10+52–+60¢/BuJuly (N)15.0875
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.6575/bu+0.05−47¢/BuNovember (X)13.2000
Barge Loading ElevatorsUS #1Delivered16.9800–17.0100/bu+0.12+17–+20¢/BuJuly (N)14.9150

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6825–6.9725/bu+0.02−55–−26¢/BuDecember (Z)4.9775
Barge Loading ElevatorsUS #2Delivered7.7425–7.8225/bu+0.01+2–+10¢/BuJuly (N)6.4550
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.9825–7.0525/bu+0.02−25–−18¢/BuDecember (Z)5.0950
Barge Loading ElevatorsUS #2Delivered7.8225–7.8925/bu+0.01+10–+17¢/BuJuly (N)6.5550
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.6825/bu+0.02−55¢/BuDecember (Z)4.9575
Barge Loading ElevatorsUS #2Delivered7.5425/bu+0.01−18¢/BuJuly (N)6.3717
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.