Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Jun 8
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.2800–15.5600/bu+0.18−40–−12¢/BuNovember (X)14.1858
Barge Loading ElevatorsUS #1Delivered17.6000–17.7400/bu+0.12+20–+34¢/BuJuly (N)15.5150
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.5200–15.5900/bu+0.18−16–−9¢/BuNovember (X)14.2800
Barge Loading ElevatorsUS #1Delivered17.7200–17.8100/bu+0.07+32–+41¢/BuJuly (N)15.6175
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered15.2100/bu+0.18−47¢/BuNovember (X)14.2025
Barge Loading ElevatorsUS #1Delivered17.4500–17.5000/bu+0.07+5–+10¢/BuJuly (N)15.4550

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6275–6.9075/bu+0.04−55–−27¢/BuDecember (Z)5.8675
Barge Loading ElevatorsUS #2Delivered7.5950–7.7550/bu+0.08−5–+11¢/BuJuly (N)7.0208
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.9275–6.9975/bu+0.04−25–−18¢/BuDecember (Z)5.9775
Barge Loading ElevatorsUS #2Delivered7.7450–7.7950/bu+0.08+10–+15¢/BuJuly (N)7.0700
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.6275/bu+0.04−55¢/BuDecember (Z)5.8408
Barge Loading ElevatorsUS #2Delivered7.4950–7.5450/bu+0.08−15–−10¢/BuJuly (N)6.8575
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.