Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Tue, May 16
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4400–11.6700/bu+0.24−63–−40¢/BuNovember (X)14.8783
Barge Loading ElevatorsUS #1Delivered13.6400–13.8200/bu+0.350–+18¢/BuJuly (N)17.0067
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.6200–11.7200/bu+0.24−45–−35¢/BuNovember (X)15.0625
Barge Loading ElevatorsUS #1Delivered13.6900–13.7800/bu+0.37+5–+14¢/BuJuly (N)17.1050
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.3700–11.4200/bu+0.24−70–−65¢/BuNovember (X)14.7883
Barge Loading ElevatorsUS #1Delivered13.4900–13.5400/bu+0.37−15–−10¢/BuJuly (N)16.7600

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.5525–4.7525/bu+0.10−50–−30¢/BuDecember (Z)7.2075
Barge Loading ElevatorsUS #2Delivered5.8925–5.9925/bu+0.17+8–+18¢/BuJuly (N)8.0042
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.7025–4.7525/bu+0.10−35–−30¢/BuDecember (Z)7.3625
Barge Loading ElevatorsUS #2Delivered5.9625–6.1025/bu+0.11+15–+29¢/BuJuly (N)8.0800
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.5025–4.5525/bu+0.10−55–−50¢/BuDecember (Z)7.0575
Barge Loading ElevatorsUS #2Delivered5.8125–5.9325/bu+0.110–+12¢/BuJuly (N)7.7975
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.