Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 17
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.2450–11.4750/bu+0.20−63–−40¢/BuNovember (X)14.6183
Barge Loading ElevatorsUS #1Delivered13.3700–13.5300/bu+0.270–+16¢/BuJuly (N)16.9208
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4250–11.5250/bu+0.20−45–−35¢/BuNovember (X)14.8100
Barge Loading ElevatorsUS #1Delivered13.4200–13.5100/bu+0.27+5–+14¢/BuJuly (N)16.9650
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.1750–11.2250/bu+0.20−70–−65¢/BuNovember (X)14.5183
Barge Loading ElevatorsUS #1Delivered13.2200–13.2700/bu+0.27−15–−10¢/BuJuly (N)16.6975

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.4900–4.6900/bu+0.06−50–−30¢/BuDecember (Z)7.0025
Barge Loading ElevatorsUS #2Delivered5.7150–5.8250/bu+0.18+10–+21¢/BuJuly (N)7.8150
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.6400–4.6900/bu+0.06−35–−30¢/BuDecember (Z)7.1625
Barge Loading ElevatorsUS #2Delivered5.6650–5.7650/bu+0.30+5–+15¢/BuJuly (N)7.8975
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.4400–4.4900/bu+0.06−55–−50¢/BuDecember (Z)6.8525
Barge Loading ElevatorsUS #2Delivered5.4650–5.7350/bu+0.35−15–+12¢/BuJuly (N)7.6417
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.