Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, May 12
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.9950–10.1750/bu+0.29−58–−40¢/BuNovember (X)11.6525
Barge Loading ElevatorsUS #1Delivered10.3725–10.4925/bu+0.20−34–−22¢/BuJuly (N)11.9250
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered10.1250/bu+0.27−45¢/BuNovember (X)11.6725
Barge Loading ElevatorsUS #1Delivered10.4925–10.5125/bu+0.20−22–−20¢/BuJuly (N)11.9350
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered10.0250–10.0750/bu+0.27−55–−50¢/BuNovember (X)11.5725
Barge Loading ElevatorsUS #1Delivered10.3625–10.4225/bu+0.20−35–−29¢/BuJuly (N)11.8750

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.8050–4.1550/bu+0.04−65–−30¢/BuDecember (Z)4.5675
Barge Loading ElevatorsUS #2Delivered4.2500–4.3600/bu+0.02−23–−12¢/BuJuly (N)4.4925
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.1050–4.1550/bu+0.04−35–−30¢/BuDecember (Z)4.5967
Barge Loading ElevatorsUS #2Delivered4.3600–4.3900/bu+0.05−12–−9¢/BuJuly (N)4.5450
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.9550–4.0050/bu+0.04−50–−45¢/BuDecember (Z)4.4500
Barge Loading ElevatorsUS #2Delivered4.2000–4.2300/bu+0.02−28–−25¢/BuJuly (N)4.4550
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.