Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Thu, May 28
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.3400–11.5000/bu+0.13−60–−44¢/BuNovember (X)9.8600
Barge Loading ElevatorsUS #1Delivered11.5450–11.7450/bu+0.10−40–−20¢/BuJuly (N)10.2875
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered11.3900/bu+0.13−55¢/BuNovember (X)9.9225
Barge Loading ElevatorsUS #1Delivered11.6850/bu+0.11−26¢/BuJuly (N)10.3342
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered11.2800–11.3300/bu+0.13−66–−61¢/BuNovember (X)9.8558
Barge Loading ElevatorsUS #1Delivered11.4950/bu+0.09−45¢/BuJuly (N)10.2142

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.3225–4.5225/bu+0.05−50–−30¢/BuDecember (Z)3.9800
Barge Loading ElevatorsUS #2Delivered4.2475–4.4075/bu+0.04−31–−15¢/BuJuly (N)4.3425
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered4.4725/bu+0.05−35¢/BuDecember (Z)4.0875
Barge Loading ElevatorsUS #2Delivered4.3475–4.3775/bu+0.00−21–−18¢/BuJuly (N)4.4000
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered4.2225/bu+0.05−60¢/BuDecember (Z)3.9458
Barge Loading ElevatorsUS #2Delivered4.1775–4.2075/bu+0.03−38–−35¢/BuJuly (N)4.2433
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.