Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Fri, May 15
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.1075–11.2675/bu+0.13−60–−44¢/BuNovember (X)9.8475
Barge Loading ElevatorsUS #1Delivered11.3800–11.5700/bu+0.14−39–−20¢/BuJuly (N)10.2550
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.1575/bu+0.13−55¢/BuNovember (X)9.9050
Barge Loading ElevatorsUS #1Delivered11.4500–11.4700/bu+0.14−32–−30¢/BuJuly (N)10.3233
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.0475–11.0975/bu+0.13−66–−61¢/BuNovember (X)9.8383
Barge Loading ElevatorsUS #1Delivered11.3000–11.3200/bu+0.16−47–−45¢/BuJuly (N)10.1767

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.3100–4.5100/bu+0.10−50–−30¢/BuDecember (Z)3.8975
Barge Loading ElevatorsUS #2Delivered4.2675–4.4375/bu+0.11−29–−12¢/BuJuly (N)4.2950
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.4600/bu+0.10−35¢/BuDecember (Z)4.0300
Barge Loading ElevatorsUS #2Delivered4.3375–4.3575/bu+0.12−22–−20¢/BuJuly (N)4.3483
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.2100/bu+0.10−60¢/BuDecember (Z)3.8883
Barge Loading ElevatorsUS #2Delivered4.1975–4.2375/bu+0.12−36–−32¢/BuJuly (N)4.1750
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.