Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Jun 15
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.8350–15.0450/bu+0.02−40–−19¢/BuNovember (X)13.1225
Barge Loading ElevatorsUS #1Delivered16.9075–17.0275/bu+0.01−3–+9¢/BuJuly (N)14.3650
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.0150–15.0850/bu+0.04−22–−15¢/BuNovember (X)13.2175
Barge Loading ElevatorsUS #1Delivered16.9575–17.0375/bu+0.19+2–+10¢/BuJuly (N)14.4325
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.7650/bu+0.02−47¢/BuNovember (X)13.1358
Barge Loading ElevatorsUS #1Delivered16.7275–16.8675/bu+0.10−21–−7¢/BuJuly (N)14.2250

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6600–6.8900/bu+0.00−55–−32¢/BuDecember (Z)5.4783
Barge Loading ElevatorsUS #2Delivered7.7900–7.8400/bu+0.08+5–+10¢/BuJuly (N)6.8233
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.8600–6.9600/bu+0.00−35–−25¢/BuDecember (Z)5.5775
Barge Loading ElevatorsUS #2Delivered7.8400–7.9100/bu+0.06+10–+17¢/BuJuly (N)6.8650
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.6600/bu+0.00−55¢/BuDecember (Z)5.4683
Barge Loading ElevatorsUS #2Delivered7.6200–7.6400/bu+0.06−12–−10¢/BuJuly (N)6.6567
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.