Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, Jun 6
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.9350–15.2150/bu+0.07−40–−12¢/BuNovember (X)14.1033
Barge Loading ElevatorsUS #1Delivered17.1925–17.3625/bu+0.02+20–+37¢/BuJuly (N)15.5525
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.1750–15.2450/bu+0.07−16–−9¢/BuNovember (X)14.1975
Barge Loading ElevatorsUS #1Delivered17.3925–17.4725/bu+0.01+40–+48¢/BuJuly (N)15.6150
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.8650/bu+0.07−47¢/BuNovember (X)14.1200
Barge Loading ElevatorsUS #1Delivered17.0925–17.1125/bu+0.02+10–+12¢/BuJuly (N)15.4325

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.4750–6.7450/bu+0.13−55–−28¢/BuDecember (Z)5.8508
Barge Loading ElevatorsUS #2Delivered7.3750–7.5250/bu+0.12−5–+10¢/BuJuly (N)6.8992
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.7750–6.8450/bu+0.13−25–−18¢/BuDecember (Z)5.9175
Barge Loading ElevatorsUS #2Delivered7.5250–7.5750/bu+0.16+10–+15¢/BuJuly (N)6.9825
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.4750/bu+0.13−55¢/BuDecember (Z)5.7708
Barge Loading ElevatorsUS #2Delivered7.2750–7.3050/bu+0.16−15–−12¢/BuJuly (N)6.7825
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.