Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 22
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.5825–11.7825/bu+0.05−60–−40¢/BuNovember (X)11.3867
Barge Loading ElevatorsUS #1Delivered12.2125–12.3825/bu+0.10−25–−8¢/BuJuly (N)13.3383
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.7325/bu+0.05−45¢/BuNovember (X)11.4500
Barge Loading ElevatorsUS #1Delivered12.2525–12.2625/bu+0.12−21–−20¢/BuJuly (N)13.3750
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.5325–11.6825/bu+0.05−65–−50¢/BuNovember (X)11.2000
Barge Loading ElevatorsUS #1Delivered12.1325–12.2325/bu+0.13−33–−23¢/BuJuly (N)13.1783

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.3400–4.5400/bu+0.02−50–−30¢/BuDecember (Z)4.8333
Barge Loading ElevatorsUS #2Delivered4.3725–4.5225/bu+0.03−24–−9¢/BuJuly (N)6.1192
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.4400–4.4900/bu+0.03−40–−35¢/BuDecember (Z)4.9000
Barge Loading ElevatorsUS #2Delivered4.4225–4.5025/bu+0.04−19–−11¢/BuJuly (N)6.0700
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.3400–4.3700/bu+0.02−50–−47¢/BuDecember (Z)4.6750
Barge Loading ElevatorsUS #2Delivered4.3025–4.3625/bu+0.04−31–−25¢/BuJuly (N)5.9692
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.