Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Fri, Jun 3
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.8700–15.1500/bu+0.15−40–−12¢/BuNovember (X)14.0583
Barge Loading ElevatorsUS #1Delivered17.1775–17.3475/bu+0.32+20–+37¢/BuJuly (N)15.7875
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.1100–15.1800/bu+0.15−16–−9¢/BuNovember (X)14.1525
Barge Loading ElevatorsUS #1Delivered17.3875–17.4575/bu+0.30+41–+48¢/BuJuly (N)15.8500
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.8000/bu+0.15−47¢/BuNovember (X)14.0783
Barge Loading ElevatorsUS #1Delivered17.0775–17.0975/bu+0.29+10–+12¢/BuJuly (N)15.6675

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.3500–6.6100/bu+0.04−55–−29¢/BuDecember (Z)5.6750
Barge Loading ElevatorsUS #2Delivered7.2600–7.3700/bu+0.03−1–+10¢/BuJuly (N)6.9475
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6500–6.7200/bu+0.04−25–−18¢/BuDecember (Z)5.8050
Barge Loading ElevatorsUS #2Delivered7.3700–7.4200/bu+0.01+10–+15¢/BuJuly (N)7.0175
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.3500/bu+0.04−55¢/BuDecember (Z)5.6617
Barge Loading ElevatorsUS #2Delivered7.1200–7.1500/bu+0.03−15–−12¢/BuJuly (N)6.8475
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.