Iowa-Southern Minnesota Barge Terminal Grain Bids

Iowa · Minneapolis · Wed, Jun 24
● Bids as filed12 quotesUSDA AMS · slug 3043

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #1Delivered10.7500–10.9100/bu+0.07−60–−44¢/BuNovember (X)9.6850
Barge Loading ElevatorsUS #1Delivered10.7175–10.8475/bu+0.08−37–−24¢/BuJuly (N)9.9850
South Iowa MS River
Barge Loading ElevatorsUS #1Delivered10.8200–10.8300/bu+0.07−53–−52¢/BuNovember (X)9.6717
Barge Loading ElevatorsUS #1Delivered10.8275–10.8375/bu+0.08−26–−25¢/BuJuly (N)9.9858
South Minnesota MS River
Barge Loading ElevatorsUS #1Delivered10.6900–10.7400/bu+0.07−66–−61¢/BuNovember (X)9.6350
Barge Loading ElevatorsUS #1Delivered10.6675–10.6875/bu+0.08−42–−40¢/BuJuly (N)9.8192

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
North Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.8475–4.0475/bu+0.03−50–−30¢/BuDecember (Z)3.8175
Barge Loading ElevatorsUS #2Delivered3.8500–3.9600/bu+0.02−22–−11¢/BuJuly (N)3.9625
South Iowa MS River
Barge Loading ElevatorsUS #2Delivered3.9975/bu+0.03−35¢/BuDecember (Z)3.8917
Barge Loading ElevatorsUS #2Delivered3.9100–3.9300/bu+0.03−16–−14¢/BuJuly (N)4.0058
South Minnesota MS River
Barge Loading ElevatorsUS #2Delivered3.7475/bu+0.03−60¢/BuDecember (Z)3.7583
Barge Loading ElevatorsUS #2Delivered3.6700–3.6900/bu+0.03−40–−38¢/BuJuly (N)3.8192
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.