Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, Jun 16
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered10.0050–10.2050/bu+0.06−60–−40¢/BuNovember (X)10.8500
Barge Loading ElevatorsUS #1Delivered10.3275–10.4775/bu+0.07−37–−22¢/BuJuly (N)11.5400
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered10.1350–10.1550/bu+0.04−47–−45¢/BuNovember (X)10.8525
Barge Loading ElevatorsUS #1Delivered10.4775–10.5175/bu+0.04−22–−18¢/BuJuly (N)11.5308
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered10.0250–10.1050/bu+0.03−58–−50¢/BuNovember (X)10.7525
Barge Loading ElevatorsUS #1Delivered10.3175–10.3675/bu+0.03−38–−33¢/BuJuly (N)11.3875

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.8200–4.0500/bu+0.08−53–−30¢/BuDecember (Z)4.2600
Barge Loading ElevatorsUS #2Delivered4.1475–4.2675/bu+0.10−20–−8¢/BuJuly (N)4.3575
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0000–4.0500/bu+0.08−35–−30¢/BuDecember (Z)4.2967
Barge Loading ElevatorsUS #2Delivered4.2575–4.2675/bu+0.10−9–−8¢/BuJuly (N)4.3775
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.8500–3.9000/bu+0.08−50–−45¢/BuDecember (Z)4.1500
Barge Loading ElevatorsUS #2Delivered4.0775–4.1175/bu+0.11−27–−23¢/BuJuly (N)4.2608
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.