Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 24
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.3000–11.5100/bu+0.03−55–−34¢/BuNovember (X)14.8308
Barge Loading ElevatorsUS #1Delivered13.2950–13.3650/bu+0.02+5–+12¢/BuJuly (N)17.2500
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4000–11.5000/bu+0.03−45–−35¢/BuNovember (X)14.9700
Barge Loading ElevatorsUS #1Delivered13.3450–13.4250/bu+0.02+10–+18¢/BuJuly (N)17.3650
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.2000/bu+0.03−65¢/BuNovember (X)14.6575
Barge Loading ElevatorsUS #1Delivered13.1450–13.2450/bu+0.02−10–0¢/BuJuly (N)17.0000

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.7000–4.9500/bu+0.03−50–−25¢/BuDecember (Z)6.8225
Barge Loading ElevatorsUS #2Delivered5.9725–6.2125/bu+0.10+10–+34¢/BuJuly (N)7.7792
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.8500–4.9500/bu+0.03−35–−25¢/BuDecember (Z)7.0075
Barge Loading ElevatorsUS #2Delivered6.0225–6.1725/bu+0.20+15–+30¢/BuJuly (N)7.8500
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.6500–4.7000/bu+0.03−55–−50¢/BuDecember (Z)6.6825
Barge Loading ElevatorsUS #2Delivered5.9225–5.9925/bu+0.15+5–+12¢/BuJuly (N)7.5425
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.