Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, May 22
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.9525–10.1525/bu+0.03−60–−40¢/BuNovember (X)11.6900
Barge Loading ElevatorsUS #1Delivered10.4050–10.4950/bu+0.05−27–−18¢/BuJuly (N)12.2400
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered10.1025/bu+0.03−45¢/BuNovember (X)11.7100
Barge Loading ElevatorsUS #1Delivered10.4750–10.5050/bu+0.05−20–−17¢/BuJuly (N)12.2392
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered10.0025–10.0525/bu+0.03−55–−50¢/BuNovember (X)11.6100
Barge Loading ElevatorsUS #1Delivered10.3250–10.3850/bu+0.05−35–−29¢/BuJuly (N)12.1458

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.9325–4.2325/bu+0.02−60–−30¢/BuDecember (Z)4.4900
Barge Loading ElevatorsUS #2Delivered4.4500–4.5800/bu+0.03−18–−5¢/BuJuly (N)4.4900
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.1825–4.2325/bu+0.02−35–−30¢/BuDecember (Z)4.5317
Barge Loading ElevatorsUS #2Delivered4.5500–4.5600/bu+0.03−8–−7¢/BuJuly (N)4.5200
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.0325–4.0825/bu+0.02−50–−45¢/BuDecember (Z)4.3850
Barge Loading ElevatorsUS #2Delivered4.3700–4.4300/bu+0.04−26–−20¢/BuJuly (N)4.3700
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.