Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, May 15
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.7725–9.9525/bu+0.26−58–−40¢/BuNovember (X)11.5200
Barge Loading ElevatorsUS #1Delivered10.2125–10.3125/bu+0.28−30–−20¢/BuJuly (N)11.9450
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.9025/bu+0.26−45¢/BuNovember (X)11.5400
Barge Loading ElevatorsUS #1Delivered10.3325–10.3425/bu+0.23−18–−17¢/BuJuly (N)11.9425
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.8025–9.8525/bu+0.26−55–−50¢/BuNovember (X)11.4400
Barge Loading ElevatorsUS #1Delivered10.1625–10.2225/bu+0.27−35–−29¢/BuJuly (N)11.8592

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)4.4550
Barge Loading ElevatorsUS #2Delivered4.2850–4.3650/bu+0.02−20–−12¢/BuJuly (N)4.3600
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0375–4.0875/bu+0.02−35–−30¢/BuDecember (Z)4.4842
Barge Loading ElevatorsUS #2Delivered4.3950–4.4050/bu+0.06−9–−8¢/BuJuly (N)4.3900
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.8875–3.9375/bu+0.02−50–−45¢/BuDecember (Z)4.3375
Barge Loading ElevatorsUS #2Delivered4.2050–4.2350/bu+0.03−28–−25¢/BuJuly (N)4.2967
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.