Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Mon, May 18
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4100–11.5700/bu+0.30−60–−44¢/BuNovember (X)9.8625
Barge Loading ElevatorsUS #1Delivered11.7400–11.9300/bu+0.36−39–−20¢/BuJuly (N)10.2650
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.4600/bu+0.30−55¢/BuNovember (X)9.9200
Barge Loading ElevatorsUS #1Delivered11.8100–11.8300/bu+0.36−32–−30¢/BuJuly (N)10.3175
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.3500–11.4000/bu+0.30−66–−61¢/BuNovember (X)9.8533
Barge Loading ElevatorsUS #1Delivered11.6800/bu+0.38−45¢/BuJuly (N)10.1842

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.4800–4.6800/bu+0.17−50–−30¢/BuDecember (Z)3.9725
Barge Loading ElevatorsUS #2Delivered4.4800–4.6500/bu+0.21−29–−12¢/BuJuly (N)4.3325
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.6300/bu+0.17−35¢/BuDecember (Z)4.0925
Barge Loading ElevatorsUS #2Delivered4.5500–4.5900/bu+0.21−22–−18¢/BuJuly (N)4.3883
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.3800/bu+0.17−60¢/BuDecember (Z)3.9508
Barge Loading ElevatorsUS #2Delivered4.4200/bu+0.22−35¢/BuJuly (N)4.2317
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.