Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Tue, Feb 24
● Bids as filed10 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.0450–11.3725/bu+0.05−35–−18¢/BuMarch (H)10.1275
Barge Loading ElevatorsUS #1Delivered10.9450–10.9950/bu+0.05−45–−40¢/BuMarch (H)10.0525
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.1750–11.2050/bu+0.05−22–−19¢/BuMarch (H)10.1725
Barge Loading ElevatorsUS #1Delivered11.0650/bu+0.05−33¢/BuMarch (H)10.0125
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.1525–11.1925/bu+0.06−40–−36¢/BuMay (K)10.1208

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.0275–4.2550/bu+0.00−25–−13¢/BuMarch (H)4.5725
Barge Loading ElevatorsUS #2Delivered3.9775–4.1275/bu+0.00−30–−15¢/BuMarch (H)4.4575
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.1375–4.1475/bu+0.00−14–−13¢/BuMarch (H)4.6842
Barge Loading ElevatorsUS #2Delivered4.0975/bu+0.00−18¢/BuMarch (H)4.5475
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.0350–4.0750/bu+0.02−35–−31¢/BuMay (K)4.6258
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.