Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, Jun 2
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.5700–9.7700/bu+0.10−60–−40¢/BuNovember (X)11.1800
Barge Loading ElevatorsUS #1Delivered10.0850–10.2050/bu+0.06−25–−13¢/BuJuly (N)11.7250
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.7200/bu+0.10−45¢/BuNovember (X)11.2208
Barge Loading ElevatorsUS #1Delivered10.1850/bu+0.08−15¢/BuJuly (N)11.7450
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.6200–9.6700/bu+0.10−55–−50¢/BuNovember (X)11.0975
Barge Loading ElevatorsUS #1Delivered10.0550–10.0850/bu+0.03−28–−25¢/BuJuly (N)11.6450

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.7575–4.0575/bu+0.03−60–−30¢/BuDecember (Z)4.2525
Barge Loading ElevatorsUS #2Delivered4.2025–4.3325/bu+0.06−18–−5¢/BuJuly (N)4.3350
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0075–4.0575/bu+0.03−35–−30¢/BuDecember (Z)4.2942
Barge Loading ElevatorsUS #2Delivered4.3125/bu+0.06−7¢/BuJuly (N)4.3550
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.8575–3.9075/bu+0.03−50–−45¢/BuDecember (Z)4.1375
Barge Loading ElevatorsUS #2Delivered4.1525/bu+0.04−23¢/BuJuly (N)4.2350
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.