Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Fri, May 31
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.2950–11.4450/bu+0.01−55–−40¢/BuNovember (X)11.4042
Barge Loading ElevatorsUS #1Delivered11.8800–11.9900/bu+0.03−17–−6¢/BuJuly (N)13.8050
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.3950/bu+0.06−45¢/BuNovember (X)11.4725
Barge Loading ElevatorsUS #1Delivered11.9300/bu+0.05−12¢/BuJuly (N)13.8475
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.1950–11.3450/bu+0.06−65–−50¢/BuNovember (X)11.3042
Barge Loading ElevatorsUS #1Delivered11.8000–11.8200/bu+0.05−25–−23¢/BuJuly (N)13.6583

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.1700–4.3700/bu+0.04−50–−30¢/BuDecember (Z)5.0458
Barge Loading ElevatorsUS #2Delivered4.2625–4.4025/bu+0.01−20–−6¢/BuJuly (N)6.3333
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.3200–4.3700/bu+0.04−35–−30¢/BuDecember (Z)5.1125
Barge Loading ElevatorsUS #2Delivered4.3425–4.3825/bu+0.02−12–−8¢/BuJuly (N)6.3375
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.1700–4.2000/bu+0.04−50–−47¢/BuDecember (Z)4.9125
Barge Loading ElevatorsUS #2Delivered4.2125–4.2225/bu+0.03−25–−24¢/BuJuly (N)6.2300
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.