Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Fri, May 16
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.7550–9.9550/bu+0.02−60–−40¢/BuNovember (X)11.5625
Barge Loading ElevatorsUS #1Delivered10.2000–10.3200/bu+0.01−30–−18¢/BuJuly (N)12.0825
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.9050/bu+0.00−45¢/BuNovember (X)11.5825
Barge Loading ElevatorsUS #1Delivered10.3200–10.3300/bu+0.01−18–−17¢/BuJuly (N)12.0600
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.8050–9.8550/bu+0.00−55–−50¢/BuNovember (X)11.4825
Barge Loading ElevatorsUS #1Delivered10.1500–10.2100/bu+0.01−35–−29¢/BuJuly (N)11.9767

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.7050–4.0550/bu+0.03−65–−30¢/BuDecember (Z)4.3950
Barge Loading ElevatorsUS #2Delivered4.2450–4.3650/bu+0.04−19–−7¢/BuJuly (N)4.3275
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0050–4.0550/bu+0.03−35–−30¢/BuDecember (Z)4.4317
Barge Loading ElevatorsUS #2Delivered4.3450–4.3550/bu+0.05−9–−8¢/BuJuly (N)4.3450
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.8550–3.9050/bu+0.03−50–−45¢/BuDecember (Z)4.2850
Barge Loading ElevatorsUS #2Delivered4.1550–4.1850/bu+0.05−28–−25¢/BuJuly (N)4.2450
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.