Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Jun 4
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.6500–9.8500/bu+0.04−60–−40¢/BuNovember (X)11.0475
Barge Loading ElevatorsUS #1Delivered10.2000–10.3700/bu+0.04−25–−8¢/BuJuly (N)11.6450
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered9.8000/bu+0.04−45¢/BuNovember (X)11.0550
Barge Loading ElevatorsUS #1Delivered10.3000–10.3200/bu+0.04−15–−13¢/BuJuly (N)11.6725
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered9.7000–9.7500/bu+0.04−55–−50¢/BuNovember (X)10.9550
Barge Loading ElevatorsUS #1Delivered10.1700–10.2000/bu+0.04−28–−25¢/BuJuly (N)11.5525

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.9075–4.1375/bu+0.05−53–−30¢/BuDecember (Z)4.2150
Barge Loading ElevatorsUS #2Delivered4.1975–4.3175/bu+0.01−19–−7¢/BuJuly (N)4.3125
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0875–4.1375/bu+0.05−35–−30¢/BuDecember (Z)4.2567
Barge Loading ElevatorsUS #2Delivered4.2975–4.3175/bu+0.02−9–−7¢/BuJuly (N)4.3225
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.9375–3.9875/bu+0.05−50–−45¢/BuDecember (Z)4.1100
Barge Loading ElevatorsUS #2Delivered4.1375–4.1575/bu+0.02−25–−23¢/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.