Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, May 16
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.3900–11.5900/bu+0.02−60–−40¢/BuNovember (X)11.3633
Barge Loading ElevatorsUS #1Delivered11.8825–12.0025/bu+0.03−28–−16¢/BuJuly (N)13.4058
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.5400/bu+0.02−45¢/BuNovember (X)11.4700
Barge Loading ElevatorsUS #1Delivered11.9325–11.9625/bu+0.03−23–−20¢/BuJuly (N)13.4250
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.3400–11.4900/bu+0.02−65–−50¢/BuNovember (X)11.2033
Barge Loading ElevatorsUS #1Delivered11.8025–11.9325/bu+0.03−36–−23¢/BuJuly (N)13.2658

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.3175–4.5375/bu+0.05−50–−28¢/BuDecember (Z)4.6242
Barge Loading ElevatorsUS #2Delivered4.3100–4.4100/bu+0.06−26–−16¢/BuJuly (N)5.7092
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.4675–4.5175/bu+0.05−35–−30¢/BuDecember (Z)4.6908
Barge Loading ElevatorsUS #2Delivered4.3700–4.4300/bu+0.06−20–−14¢/BuJuly (N)5.6500
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.3175–4.3475/bu+0.05−50–−47¢/BuDecember (Z)4.4825
Barge Loading ElevatorsUS #2Delivered4.2700–4.3200/bu+0.06−30–−25¢/BuJuly (N)5.6158
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.