Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Fri, May 30
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.6675–9.8675/bu+0.11−60–−40¢/BuNovember (X)11.3875
Barge Loading ElevatorsUS #1Delivered10.1475–10.2375/bu+0.10−27–−18¢/BuJuly (N)11.9350
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.8175/bu+0.11−45¢/BuNovember (X)11.3950
Barge Loading ElevatorsUS #1Delivered10.2675/bu+0.05−15¢/BuJuly (N)11.9300
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.7175–9.7675/bu+0.11−55–−50¢/BuNovember (X)11.2950
Barge Loading ElevatorsUS #1Delivered10.0875–10.1275/bu+0.10−33–−29¢/BuJuly (N)11.8133

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.7850–4.0850/bu+0.03−60–−30¢/BuDecember (Z)4.2950
Barge Loading ElevatorsUS #2Delivered4.2600–4.3900/bu+0.03−18–−5¢/BuJuly (N)4.3525
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0350–4.0850/bu+0.03−35–−30¢/BuDecember (Z)4.3367
Barge Loading ElevatorsUS #2Delivered4.3700/bu+0.03−7¢/BuJuly (N)4.3558
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.8850–3.9350/bu+0.03−50–−45¢/BuDecember (Z)4.1900
Barge Loading ElevatorsUS #2Delivered4.1900–4.2400/bu+0.03−25–−20¢/BuJuly (N)4.2158
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.