Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Jun 7
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.2850–11.4650/bu+0.06−50–−32¢/BuNovember (X)15.4067
Barge Loading ElevatorsUS #1Delivered13.7575–13.8875/bu+0.08+15–+28¢/BuJuly (N)17.6533
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4350–11.4850/bu+0.06−35–−30¢/BuNovember (X)15.5625
Barge Loading ElevatorsUS #1Delivered13.8475–13.9475/bu+0.04+24–+34¢/BuJuly (N)17.7650
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.2850–11.3050/bu+0.06−50–−48¢/BuNovember (X)15.2100
Barge Loading ElevatorsUS #1Delivered13.6575–13.7575/bu+0.03+5–+15¢/BuJuly (N)17.4733

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.8075–5.0575/bu+0.10−50–−25¢/BuDecember (Z)6.7642
Barge Loading ElevatorsUS #2Delivered6.3425–6.3925/bu+0.04+30–+35¢/BuJuly (N)7.6750
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.9575–5.0575/bu+0.10−35–−25¢/BuDecember (Z)6.9475
Barge Loading ElevatorsUS #2Delivered6.2925–6.3325/bu+0.03+25–+29¢/BuJuly (N)7.7675
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.7575–4.8575/bu+0.10−55–−45¢/BuDecember (Z)6.6275
Barge Loading ElevatorsUS #2Delivered6.1925/bu+0.04+15¢/BuJuly (N)7.5183
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.