Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, Feb 2
● Bids as filed10 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered14.9275–15.2275/bu+0.11−35–−5¢/BuMay (K)15.2900
Barge Loading ElevatorsUS #1Delivered14.8925–15.0725/bu+0.14−45–−27¢/BuMarch (H)15.0575
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered15.1975–15.3425/bu+0.11−12–0¢/BuMarch (H)
Barge Loading ElevatorsUS #1Delivered15.1425–15.2425/bu+0.14−20–−10¢/BuMarch (H)15.1792
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered15.0475/bu+0.11−23¢/BuMay (K)15.1833

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.5775–6.7375/bu+0.06−16–0¢/BuMay (K)6.0692
Barge Loading ElevatorsUS #2Delivered6.4525–6.6625/bu+0.06−30–−9¢/BuMarch (H)6.0375
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered6.6825–6.7425/bu+0.08−7–0¢/BuMarch (H)
Barge Loading ElevatorsUS #2Delivered6.5725–6.6525/bu+0.06−18–−10¢/BuMarch (H)5.9750
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered6.5375–6.5875/bu+0.06−20–−15¢/BuMay (K)5.9492
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.