Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 12
● Bids as filed24 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.4750–16.5250/bu+0.28+5–+10¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered16.3650–16.4250/bu+0.28−6–0¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered15.6650/bu+0.19−6¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered14.1775–14.1975/bu+0.12−26–−24¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered14.2175–14.2275/bu+0.12−22–−21¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered16.4850–16.5250/bu+0.28+6–+10¢/BuJuly (N)

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.3675–7.3975/bu+0.08+22–+25¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered7.1475–7.2675/bu+0.080–+12¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered6.3750/bu+0.13+16¢/BuSeptember (U)
Terminal ElevatorsUS #2Delivered5.6700–5.7000/bu+0.18−26–−23¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered5.6900–5.7200/bu+0.18−24–−21¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.3675–7.3975/bu+0.08+22–+25¢/BuJuly (N)

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Delivered Chicago / BeyondUS #1 MillingDelivered8.5075/bu+160¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.8550/bu+120¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.7550–8.8050/bu+110–+115¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.7550/bu+0.05+110¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.7550–9.1550/bu+110–+150¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered7.7575/bu+0.20+85¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered7.8075/bu+0.20+90¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered7.8075/bu+0.20+90¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered7.8050/bu+0.05+15¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered7.8050/bu+0.05+15¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered7.8050/bu+0.05+15¢/BuJuly (N)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.4875–4.0375/bu+0.19−40–+15¢/BuJuly (N)
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.