Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 8
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.5300–11.7300/bu+0.15−60–−40¢/BuNovember (X)11.9908
Barge Loading ElevatorsUS #1Delivered12.0175–12.1175/bu+0.21−26–−16¢/BuJuly (N)14.0700
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.6800/bu+0.10−45¢/BuNovember (X)12.0950
Barge Loading ElevatorsUS #1Delivered12.0975/bu+0.19−18¢/BuJuly (N)14.1350
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.4800–11.6300/bu+0.15−65–−50¢/BuNovember (X)11.8408
Barge Loading ElevatorsUS #1Delivered11.9975–12.0175/bu+0.21−28–−26¢/BuJuly (N)13.9233

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.3125–4.5325/bu+0.07−50–−28¢/BuDecember (Z)4.8242
Barge Loading ElevatorsUS #2Delivered4.3650–4.4450/bu+0.09−22–−14¢/BuJuly (N)6.2700
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.4625–4.5125/bu+0.07−35–−30¢/BuDecember (Z)4.8908
Barge Loading ElevatorsUS #2Delivered4.4450–4.4650/bu+0.11−14–−12¢/BuJuly (N)6.2500
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.3125–4.3425/bu+0.07−50–−47¢/BuDecember (Z)4.6825
Barge Loading ElevatorsUS #2Delivered4.3450–4.3750/bu+0.11−24–−21¢/BuJuly (N)6.0233
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.