Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 7
● Bids as filed12 quotesUSDA AMS · slug 3043

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.7575–4.1075/bu+0.01−65–−30¢/BuDecember (Z)4.4500
Barge Loading ElevatorsUS #2Delivered4.2725–4.3725/bu+0.06−22–−12¢/BuJuly (N)4.3975
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0575–4.1075/bu+0.01−35–−30¢/BuDecember (Z)4.4792
Barge Loading ElevatorsUS #2Delivered4.4025/bu+0.06−9¢/BuJuly (N)4.4517
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.9075–3.9575/bu+0.01−50–−45¢/BuDecember (Z)4.3325
Barge Loading ElevatorsUS #2Delivered4.2125–4.2425/bu+0.06−28–−25¢/BuJuly (N)4.3650

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.6200–9.8200/bu+0.03−60–−40¢/BuNovember (X)11.6600
Barge Loading ElevatorsUS #1Delivered10.0125–10.1925/bu+0.01−38–−20¢/BuJuly (N)12.0700
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.7700/bu+0.03−45¢/BuNovember (X)11.6800
Barge Loading ElevatorsUS #1Delivered10.2125/bu+0.02−18¢/BuJuly (N)12.0975
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.6700–9.7200/bu+0.03−55–−50¢/BuNovember (X)11.5800
Barge Loading ElevatorsUS #1Delivered10.0625–10.1025/bu+0.02−33–−29¢/BuJuly (N)12.0075
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.