Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 21
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.9225–10.1225/bu+0.11−60–−40¢/BuNovember (X)11.7125
Barge Loading ElevatorsUS #1Delivered10.3575–10.4475/bu+0.10−27–−18¢/BuJuly (N)12.3100
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered10.0725/bu+0.11−45¢/BuNovember (X)11.7325
Barge Loading ElevatorsUS #1Delivered10.4275–10.4575/bu+0.10−20–−17¢/BuJuly (N)12.2558
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.9725–10.0225/bu+0.11−55–−50¢/BuNovember (X)11.6325
Barge Loading ElevatorsUS #1Delivered10.2775–10.3375/bu+0.10−35–−29¢/BuJuly (N)12.1858

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.9550–4.2550/bu+0.07−60–−30¢/BuDecember (Z)4.4650
Barge Loading ElevatorsUS #2Delivered4.4200–4.5600/bu+0.07−19–−5¢/BuJuly (N)4.4600
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.2050–4.2550/bu+0.07−35–−30¢/BuDecember (Z)4.4733
Barge Loading ElevatorsUS #2Delivered4.5200–4.5300/bu+0.07−9–−8¢/BuJuly (N)4.4492
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.0550–4.1050/bu+0.07−50–−45¢/BuDecember (Z)4.3600
Barge Loading ElevatorsUS #2Delivered4.3300–4.4100/bu+0.07−28–−20¢/BuJuly (N)4.3425
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.