Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Oct 28
● Bids as filed24 quotesUSDA AMS · slug 3046

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8725–3.9225/bu+0.12−18–−13¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.9225–3.9525/bu+0.12−13–−10¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.8875–3.9275/bu+0.12−17–−13¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered3.9075–3.9375/bu+0.12−15–−12¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered3.6350–3.6850/bu+0.15−38–−33¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered3.6350–3.6850/bu+0.15−38–−33¢/BuDecember (Z)

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.1425–10.2025/bu+0.27−43–−37¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered9.9750–9.9950/bu+0.19−39–−37¢/BuMay (K)
Terminal ElevatorsUS #1Delivered10.0150–10.0450/bu+0.19−35–−32¢/BuMay (K)
Terminal ElevatorsUS #1Delivered10.0825–10.0925/bu+0.17−27–−26¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered10.1025–10.1125/bu+0.17−25–−24¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered10.1425–10.1825/bu+0.27−43–−39¢/BuNovember (X)

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Delivered Chicago / BeyondUS #1 MillingDelivered6.6200/bu+110¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.6700/bu+0.25+115¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.5700–6.7200/bu+0.10+105–+120¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.8200–7.2200/bu+0.10+130–+170¢/BuDecember (Z)
Terminal ElevatorsUS #1Delivered6.3825/bu+0.06+95¢/BuDecember (Z)
Terminal ElevatorsUS #1Delivered6.4325/bu+0.06+100¢/BuDecember (Z)
Terminal ElevatorsUS #1Delivered6.4325/bu+0.06+100¢/BuDecember (Z)
Terminal ElevatorsUS #1Delivered5.6200/bu+0.10+10¢/BuDecember (Z)
Terminal ElevatorsUS #1Delivered5.6200/bu+0.10+10¢/BuDecember (Z)
Terminal ElevatorsUS #1Delivered5.6200/bu+0.10+10¢/BuDecember (Z)

Rye

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered5.0000/bu

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered2.7000–3.4100/bu+0.12−26–+45¢/BuDecember (Z)
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.