Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, May 8
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered12.1350–12.3250/bu+0.04−59–−40¢/BuNovember (X)14.0842
Barge Loading ElevatorsUS #1Delivered14.2875–14.4475/bu+0.03−5–+11¢/BuJuly (N)15.9792
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered12.2750–12.3750/bu+0.08−45–−35¢/BuNovember (X)14.2575
Barge Loading ElevatorsUS #1Delivered14.2975–14.4375/bu+0.03−4–+10¢/BuJuly (N)16.0900
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered12.0250–12.0750/bu+0.08−70–−65¢/BuNovember (X)14.0042
Barge Loading ElevatorsUS #1Delivered14.1875–14.2875/bu+0.03−15–−5¢/BuJuly (N)15.7492

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.7975–4.9975/bu+0.05−50–−30¢/BuDecember (Z)6.7008
Barge Loading ElevatorsUS #2Delivered6.2050–6.4150/bu+24–+45¢/BuJuly (N)7.6333
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.9475–4.9975/bu+0.05−35–−30¢/BuDecember (Z)6.8350
Barge Loading ElevatorsUS #2Delivered6.0150–6.4150/bu−15–+17¢/BuMay (K)7.7375
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.7475–4.7975/bu+0.05−55–−50¢/BuDecember (Z)6.5242
Barge Loading ElevatorsUS #2Delivered6.0150–6.0350/bu+5–+7¢/BuJuly (N)7.4467
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.