Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 3
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered12.0225–12.3225/bu+0.08−70–−40¢/BuNovember (X)14.4817
Barge Loading ElevatorsUS #1Delivered14.0550–14.3500/bu+0.07−21–−12¢/BuMay (K)16.4317
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered12.2725–12.3725/bu+0.05−45–−35¢/BuNovember (X)14.6500
Barge Loading ElevatorsUS #1Delivered14.1350–14.2350/bu+0.07−4–+6¢/BuJuly (N)16.5550
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered12.0225–12.0725/bu+0.05−70–−65¢/BuNovember (X)14.4083
Barge Loading ElevatorsUS #1Delivered14.0250–14.1250/bu+0.07−15–−5¢/BuJuly (N)16.3625

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.8050–5.0050/bu+0.11−50–−30¢/BuDecember (Z)6.9492
Barge Loading ElevatorsUS #2Delivered6.0050–6.3625/bu+0.09−17–+12¢/BuMay (K)7.7858
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.9550–5.0050/bu+0.11−35–−30¢/BuDecember (Z)7.0900
Barge Loading ElevatorsUS #2Delivered5.9350–6.3025/bu+0.09−15–+12¢/BuMay (K)7.9025
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.7550–4.8050/bu+0.11−55–−50¢/BuDecember (Z)6.7792
Barge Loading ElevatorsUS #2Delivered5.8450–5.9150/bu+0.09−4–+3¢/BuJuly (N)7.6467
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.