Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Feb 23
● Bids as filed24 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.4600–16.5100/bu+0.36−25–−20¢/BuMay (K)14.0542
Terminal ElevatorsUS #1Delivered16.5100–16.5300/bu+0.36−20–−18¢/BuMay (K)14.0675
Terminal ElevatorsUS #1Delivered16.4400–16.4600/bu+0.30−16–−14¢/BuJuly (N)14.0233
Terminal ElevatorsUS #1Delivered16.4600–16.4700/bu+0.30−14–−13¢/BuJuly (N)14.0167
Terminal ElevatorsUS #1Delivered14.5250–14.5950/bu+0.14−35–−28¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered16.3500–16.4000/bu+0.40−40–−35¢/BuMarch (H)13.7875

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.3600/bu+0.15+35¢/BuMarch (H)6.5650
Terminal ElevatorsUS #1Delivered10.3600/bu+0.15+35¢/BuMarch (H)6.5650
Terminal ElevatorsUS #1Delivered10.3600/bu+0.15+35¢/BuMarch (H)6.5650
Delivered Chicago / BeyondUS #1 MillingDelivered11.1800/bu+0.31+200¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered11.3600–11.5100/bu+135–+150¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered11.4600–11.5600/bu+145–+155¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered11.4100/bu+0.15+140¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered12.0100/bu+0.95+200¢/BuMarch (H)7.9650
Delivered Chicago / BeyondUS #1 MillingDelivered11.2100/bu+120¢/BuMarch (H)7.6650
Delivered Chicago / BeyondUS #1 MillingDelivered11.3600/bu+0.15+135¢/BuMarch (H)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.2375–7.5375/bu+0.04+45–+75¢/BuMarch (H)3.7725

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered6.6175–6.6475/bu+0.09−22–−19¢/BuMarch (H)
Terminal ElevatorsUS #2Delivered6.6425/bu+0.09−17¢/BuMay (K)5.3700
Terminal ElevatorsUS #2Delivered6.6425/bu+0.09−17¢/BuMay (K)5.3967
Terminal ElevatorsUS #2Delivered6.5950–6.6150/bu+0.09−15–−13¢/BuJuly (N)5.3892
Terminal ElevatorsUS #2Delivered6.5950–6.6150/bu+0.09−15–−13¢/BuJuly (N)5.3792
Terminal ElevatorsUS #2Delivered5.6225–5.7125/bu+0.06−49–−40¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered6.4375–6.6175/bu+0.09−40–−22¢/BuMarch (H)5.1875
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.