Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Tue, May 31
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.6950–14.9350/bu+0.35−40–−16¢/BuNovember (X)13.6767
Barge Loading ElevatorsUS #1Delivered17.1025–17.2325/bu+0.50+27–+40¢/BuJuly (N)15.4750
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.8750–14.9950/bu+0.35−22–−10¢/BuNovember (X)13.7625
Barge Loading ElevatorsUS #1Delivered17.2125–17.3125/bu+0.53+38–+48¢/BuJuly (N)15.5250
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.6250/bu+0.35−47¢/BuNovember (X)13.6967
Barge Loading ElevatorsUS #1Delivered16.9225–16.9425/bu+0.50+9–+11¢/BuJuly (N)15.3617

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.5650–6.8250/bu+0.19−55–−29¢/BuDecember (Z)5.5433
Barge Loading ElevatorsUS #2Delivered7.5150–7.5650/bu+0.25−2–+3¢/BuJuly (N)7.0742
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8650–6.9350/bu+0.19−25–−18¢/BuDecember (Z)5.6575
Barge Loading ElevatorsUS #2Delivered7.6350–7.6550/bu+0.24+10–+12¢/BuJuly (N)7.1450
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.5650/bu+0.19−55¢/BuDecember (Z)5.5167
Barge Loading ElevatorsUS #2Delivered7.3850–7.4150/bu+0.24−15–−12¢/BuJuly (N)6.9675
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.