Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, May 15
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.6825–11.9125/bu+0.08−63–−40¢/BuNovember (X)14.7433
Barge Loading ElevatorsUS #1Delivered13.9875–14.1075/bu+0.09−2–+10¢/BuJuly (N)16.7850
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.8625–11.9625/bu+0.08−45–−35¢/BuNovember (X)14.9275
Barge Loading ElevatorsUS #1Delivered14.0575–14.1475/bu+0.11+5–+14¢/BuJuly (N)16.8500
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.6125–11.6625/bu+0.08−70–−65¢/BuNovember (X)14.6567
Barge Loading ElevatorsUS #1Delivered13.8575–13.9075/bu+0.11−15–−10¢/BuJuly (N)16.5450

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.6500–4.8500/bu+0.06−50–−30¢/BuDecember (Z)7.2517
Barge Loading ElevatorsUS #2Delivered6.0650–6.1650/bu+0.04+14–+24¢/BuJuly (N)8.0883
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.8000–4.8500/bu+0.06−35–−30¢/BuDecember (Z)7.4100
Barge Loading ElevatorsUS #2Delivered6.0750–6.3050/bu+0.01+15–+38¢/BuJuly (N)8.1625
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.6000–4.6500/bu+0.06−55–−50¢/BuDecember (Z)7.1050
Barge Loading ElevatorsUS #2Delivered5.9250–6.0450/bu+0.010–+12¢/BuJuly (N)7.8883
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.