Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Feb 1
● Bids as filed10 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.8150–15.1150/bu+0.19−35–−5¢/BuMay (K)15.3183
Barge Loading ElevatorsUS #1Delivered14.7525–14.9325/bu+0.18−45–−27¢/BuMarch (H)15.0675
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.0850–15.1925/bu+0.14−8–−1¢/BuMarch (H)
Barge Loading ElevatorsUS #1Delivered15.0025–15.1025/bu+0.18−20–−10¢/BuMarch (H)15.1958
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered14.9350/bu+0.14−23¢/BuMay (K)15.2083

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6350–6.7950/bu+0.02−16–0¢/BuMay (K)6.1192
Barge Loading ElevatorsUS #2Delivered6.5100–6.7200/bu+0.01−30–−9¢/BuMarch (H)6.0950
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.7600–6.8000/bu+0.01−5–0¢/BuMarch (H)
Barge Loading ElevatorsUS #2Delivered6.6300–6.7100/bu+0.01−18–−10¢/BuMarch (H)6.0350
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.5950–6.6450/bu+0.02−20–−15¢/BuMay (K)5.9992
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.