Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, May 8
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.6500–9.8500/bu+0.03−60–−40¢/BuNovember (X)11.5350
Barge Loading ElevatorsUS #1Delivered10.0700–10.2500/bu+0.06−38–−20¢/BuJuly (N)11.8625
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.8000/bu+0.03−45¢/BuNovember (X)11.5550
Barge Loading ElevatorsUS #1Delivered10.2300–10.2700/bu+0.02−22–−18¢/BuJuly (N)11.8717
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.7000–9.7500/bu+0.03−55–−50¢/BuNovember (X)11.4550
Barge Loading ElevatorsUS #1Delivered10.1200–10.1600/bu+0.06−33–−29¢/BuJuly (N)11.8083

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.7375–4.0875/bu+0.02−65–−30¢/BuDecember (Z)4.4375
Barge Loading ElevatorsUS #2Delivered4.2550–4.3550/bu+0.02−22–−12¢/BuJuly (N)4.3725
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0375–4.0875/bu+0.02−35–−30¢/BuDecember (Z)4.4667
Barge Loading ElevatorsUS #2Delivered4.3850/bu+0.02−9¢/BuJuly (N)4.4117
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.8875–3.9375/bu+0.02−50–−45¢/BuDecember (Z)4.3200
Barge Loading ElevatorsUS #2Delivered4.1950–4.2250/bu+0.02−28–−25¢/BuJuly (N)4.3350
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.