Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Tue, May 12
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4500–11.6100/bu+0.10−60–−44¢/BuNovember (X)10.1183
Barge Loading ElevatorsUS #1Delivered11.8575–12.0475/bu+0.16−41–−22¢/BuJuly (N)10.4850
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.5000/bu+0.10−55¢/BuNovember (X)10.1450
Barge Loading ElevatorsUS #1Delivered11.9275/bu+0.14−34¢/BuJuly (N)10.5117
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.3900–11.4400/bu+0.10−66–−61¢/BuNovember (X)10.0783
Barge Loading ElevatorsUS #1Delivered11.7975–11.8175/bu+0.14−47–−45¢/BuJuly (N)10.4017

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.5200–4.7200/bu+0.04−50–−30¢/BuDecember (Z)4.0167
Barge Loading ElevatorsUS #2Delivered4.4900–4.6800/bu+0.05−31–−12¢/BuJuly (N)4.2750
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.6700/bu+0.04−35¢/BuDecember (Z)4.0850
Barge Loading ElevatorsUS #2Delivered4.5800/bu+0.05−22¢/BuJuly (N)4.3150
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.4200/bu+0.04−60¢/BuDecember (Z)3.9433
Barge Loading ElevatorsUS #2Delivered4.4400–4.4800/bu+0.05−36–−32¢/BuJuly (N)4.1650
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.