Cash grain bids / Iowa / Iowa-Southern Minnesota Barge Terminal Grain Bids / 2023-01-18

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Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Jan 18
● Bids as filed10 quotesUSDA AMS · slug 3043

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6325–6.6825/bu+0.04−18–−13¢/BuMarch (H)5.9125
Barge Loading ElevatorsUS #2Delivered6.7625–6.7925/bu+0.07−5–0¢/BuMarch (H)—
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.5925–6.6425/bu+0.04−20–−15¢/BuMay (K)5.9433
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6325–6.7625/bu+0.04−16–−3¢/BuMay (K)6.0667
Barge Loading ElevatorsUS #2Delivered6.5525–6.6625/bu+0.04−26–−15¢/BuMarch (H)5.9750

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.8150–15.1550/bu+0.16−40–−6¢/BuMay (K)13.7808
Barge Loading ElevatorsUS #1Delivered14.7950–15.0050/bu+0.10−45–−24¢/BuMarch (H)13.4775
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.1350–15.2450/bu+0.16−8–0¢/BuMay (K)—
Barge Loading ElevatorsUS #1Delivered15.0450–15.0950/bu+0.15−20–−15¢/BuMarch (H)13.6658
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.9850/bu+0.16−23¢/BuMay (K)13.7142
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.