Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Fri, 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 #1Delivered11.5950–11.7950/bu+0.04−60–−40¢/BuNovember (X)11.4483
Barge Loading ElevatorsUS #1Delivered12.2800–12.3900/bu+0.14−20–−9¢/BuJuly (N)13.5792
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.7450/bu+0.04−45¢/BuNovember (X)11.5300
Barge Loading ElevatorsUS #1Delivered12.3400–12.3600/bu+0.13−14–−12¢/BuJuly (N)13.6175
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.5450–11.6950/bu+0.04−65–−50¢/BuNovember (X)11.3517
Barge Loading ElevatorsUS #1Delivered12.2100–12.2500/bu+0.08−27–−23¢/BuJuly (N)13.4058

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.3825–4.5825/bu+0.02−50–−30¢/BuDecember (Z)4.9783
Barge Loading ElevatorsUS #2Delivered4.4175–4.5475/bu+0.02−23–−10¢/BuJuly (N)6.4100
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.5325–4.5825/bu+0.02−35–−30¢/BuDecember (Z)5.0450
Barge Loading ElevatorsUS #2Delivered4.5175–4.5475/bu+0.00−13–−10¢/BuJuly (N)6.4000
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.3825–4.4125/bu+0.02−50–−47¢/BuDecember (Z)4.8450
Barge Loading ElevatorsUS #2Delivered4.3575–4.4075/bu+0.03−29–−24¢/BuJuly (N)6.1833
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.