Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Feb 1
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered15.0425–15.0625/bu+0.39−30–−28¢/BuMay (K)13.2775
Terminal ElevatorsUS #1Delivered15.1025–15.1225/bu+0.39−24–−22¢/BuMay (K)13.2942
Terminal ElevatorsUS #1Delivered15.0600–15.0800/bu+0.36−22–−20¢/BuJuly (N)13.2175
Terminal ElevatorsUS #1Delivered15.0800/bu+0.36−20¢/BuJuly (N)13.2142
Terminal ElevatorsUS #1Delivered13.4300–13.5200/bu−39–−30¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered14.8850/bu+0.38−40¢/BuMarch (H)13.0725

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered9.5000/bu+0.09+35¢/BuMarch (H)6.3100
Terminal ElevatorsUS #1Delivered9.5000/bu+0.09+35¢/BuMarch (H)6.3100
Terminal ElevatorsUS #1Delivered9.5000/bu+0.09+35¢/BuMarch (H)6.3100
Delivered Chicago / BeyondUS #1 MillingDelivered10.9500/bu+0.02+180¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered10.8500–10.9000/bu+170–+175¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered11.1000–11.4500/bu+195–+230¢/BuMarch (H)7.7100

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.0900–7.7500/bu+0.01−6–+60¢/BuMarch (H)3.6200

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered6.1475–6.1775/bu−20–−17¢/BuMarch (H)
Terminal ElevatorsUS #2Delivered6.1875–6.2175/bu+0.09−15–−12¢/BuMay (K)5.2125
Terminal ElevatorsUS #2Delivered6.1875–6.2175/bu+0.09−15–−12¢/BuMay (K)5.2292
Terminal ElevatorsUS #2Delivered6.1300–6.1600/bu+0.09−15–−12¢/BuJuly (N)5.2092
Terminal ElevatorsUS #2Delivered6.1300–6.1600/bu+0.09−15–−12¢/BuJuly (N)5.1825
Terminal ElevatorsUS #2Delivered5.2875–5.3275/bu−49–−45¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered5.9475–6.1475/bu+0.09−40–−20¢/BuMarch (H)5.0450
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.