Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, Jun 3
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.0875–11.2375/bu+0.21−55–−40¢/BuNovember (X)11.3508
Barge Loading ElevatorsUS #1Delivered11.6750–11.7750/bu+0.21−17–−7¢/BuJuly (N)13.7900
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.1875–11.2875/bu+0.21−45–−35¢/BuNovember (X)11.4400
Barge Loading ElevatorsUS #1Delivered11.7450/bu+0.19−10¢/BuJuly (N)13.8475
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered10.9875–11.1675/bu+0.21−65–−47¢/BuNovember (X)11.3042
Barge Loading ElevatorsUS #1Delivered11.6250–11.6650/bu+0.18−22–−18¢/BuJuly (N)13.6167

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.1275–4.3275/bu+0.04−50–−30¢/BuDecember (Z)5.0033
Barge Loading ElevatorsUS #2Delivered4.2350–4.3950/bu+0.03−20–−4¢/BuJuly (N)6.3083
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.2775–4.3275/bu+0.04−35–−30¢/BuDecember (Z)5.0700
Barge Loading ElevatorsUS #2Delivered4.3550/bu+0.01−8¢/BuJuly (N)6.2300
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.1275–4.1575/bu+0.04−50–−47¢/BuDecember (Z)4.8700
Barge Loading ElevatorsUS #2Delivered4.2050–4.2650/bu+0.01−23–−17¢/BuJuly (N)6.1150
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.