Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, May 28
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.7750–9.9750/bu+0.13−60–−40¢/BuNovember (X)11.4975
Barge Loading ElevatorsUS #1Delivered10.2150–10.3050/bu+0.14−27–−18¢/BuJuly (N)11.9925
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.9250/bu+0.13−45¢/BuNovember (X)11.5175
Barge Loading ElevatorsUS #1Delivered10.2850–10.3350/bu+0.14−20–−15¢/BuJuly (N)12.0067
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.8250–9.8750/bu+0.13−55–−50¢/BuNovember (X)11.4175
Barge Loading ElevatorsUS #1Delivered10.1550–10.1950/bu+0.12−33–−29¢/BuJuly (N)11.8800

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.8350–4.1350/bu+0.03−60–−30¢/BuDecember (Z)4.4125
Barge Loading ElevatorsUS #2Delivered4.3300–4.4600/bu+0.09−18–−5¢/BuJuly (N)4.4125
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0850–4.1350/bu+0.03−35–−30¢/BuDecember (Z)4.4542
Barge Loading ElevatorsUS #2Delivered4.4400/bu+0.09−7¢/BuJuly (N)4.4325
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.9350–3.9850/bu+0.03−50–−45¢/BuDecember (Z)4.3075
Barge Loading ElevatorsUS #2Delivered4.2600–4.3100/bu+0.08−25–−20¢/BuJuly (N)4.2992
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.