Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Tue, May 23
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.3275–11.5375/bu+0.09−55–−34¢/BuNovember (X)14.8383
Barge Loading ElevatorsUS #1Delivered13.2750–13.3450/bu+0.19+5–+12¢/BuJuly (N)17.3800
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4275–11.5275/bu+0.09−45–−35¢/BuNovember (X)15.0150
Barge Loading ElevatorsUS #1Delivered13.3250–13.3650/bu+0.19+10–+14¢/BuJuly (N)17.4600
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.2275/bu+0.04−65¢/BuNovember (X)14.7050
Barge Loading ElevatorsUS #1Delivered13.1250–13.2250/bu+0.19−10–0¢/BuJuly (N)17.1200

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.6675–4.9175/bu+0.08−50–−25¢/BuDecember (Z)6.8492
Barge Loading ElevatorsUS #2Delivered5.8750–6.1050/bu+0.07+10–+33¢/BuJuly (N)7.7975
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.8175–4.9175/bu+0.08−35–−25¢/BuDecember (Z)7.0225
Barge Loading ElevatorsUS #2Delivered5.8250–5.9750/bu+0.04+5–+20¢/BuJuly (N)7.8375
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.6175–4.6675/bu+0.08−55–−50¢/BuDecember (Z)6.7025
Barge Loading ElevatorsUS #2Delivered5.7750–5.8950/bu+0.120–+12¢/BuJuly (N)7.5375
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.