Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Jun 1
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.7525–14.9925/bu+0.06−40–−16¢/BuNovember (X)13.8442
Barge Loading ElevatorsUS #1Delivered17.1625–17.2925/bu+0.06+26–+39¢/BuJuly (N)15.6183
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.9325–15.0525/bu+0.06−22–−10¢/BuNovember (X)13.9300
Barge Loading ElevatorsUS #1Delivered17.2625–17.3825/bu+0.05+36–+48¢/BuJuly (N)15.6700
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.6825/bu+0.06−47¢/BuNovember (X)13.8642
Barge Loading ElevatorsUS #1Delivered16.9725–17.0225/bu+0.05+7–+12¢/BuJuly (N)15.5083

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.3650–6.6250/bu+0.20−55–−29¢/BuDecember (Z)5.5008
Barge Loading ElevatorsUS #2Delivered7.2625–7.3625/bu+0.25−5–+5¢/BuJuly (N)6.9367
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6650–6.7350/bu+0.20−25–−18¢/BuDecember (Z)5.6150
Barge Loading ElevatorsUS #2Delivered7.4025–7.4325/bu+0.23+9–+12¢/BuJuly (N)7.0025
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.3650/bu+0.20−55¢/BuDecember (Z)5.4742
Barge Loading ElevatorsUS #2Delivered7.1625–7.1925/bu+0.22−15–−12¢/BuJuly (N)6.8233
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.