Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Tue, Jun 3
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.6150–9.8150/bu+0.05−60–−40¢/BuNovember (X)11.1025
Barge Loading ElevatorsUS #1Delivered10.1575–10.2875/bu+0.07−25–−12¢/BuJuly (N)11.6575
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.7650/bu+0.05−45¢/BuNovember (X)11.1100
Barge Loading ElevatorsUS #1Delivered10.2575/bu+0.07−15¢/BuJuly (N)11.6900
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.6650–9.7150/bu+0.05−55–−50¢/BuNovember (X)11.0100
Barge Loading ElevatorsUS #1Delivered10.1275–10.1575/bu+0.07−28–−25¢/BuJuly (N)11.5767

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.8550–4.0850/bu+0.10−53–−30¢/BuDecember (Z)4.2450
Barge Loading ElevatorsUS #2Delivered4.2050–4.3350/bu+0.00−18–−5¢/BuJuly (N)4.3250
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0350–4.0850/bu+0.03−35–−30¢/BuDecember (Z)4.2867
Barge Loading ElevatorsUS #2Delivered4.3150/bu+0.00−7¢/BuJuly (N)4.3550
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.8850–3.9350/bu+0.03−50–−45¢/BuDecember (Z)4.1400
Barge Loading ElevatorsUS #2Delivered4.1550/bu+0.00−23¢/BuJuly (N)4.2483
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.