Minneapolis Daily Grain Report

Minnesota · Minneapolis · Mon, Feb 28
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.1375–16.1675/bu+0.52−23–−20¢/BuMay (K)13.7325
Terminal ElevatorsUS #1Delivered16.1675–16.1775/bu+0.52−20–−19¢/BuMay (K)13.7392
Terminal ElevatorsUS #1Delivered16.0050–16.0850/bu+0.43−16–−8¢/BuJuly (N)13.7500
Terminal ElevatorsUS #1Delivered16.0350–16.0450/bu+0.43−13–−12¢/BuJuly (N)13.7267
Terminal ElevatorsUS #1Delivered14.0075–14.0775/bu+0.21−35–−28¢/BuNovember (X)11.9592
Terminal ElevatorsUS #1Delivered16.0425–16.0925/bu+0.54−40–−35¢/BuMarch (H)

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.3400/bu+0.34+40¢/BuMay (K)6.3850
Terminal ElevatorsUS #1Delivered10.3400/bu+0.34+40¢/BuMay (K)6.3850
Terminal ElevatorsUS #1Delivered10.3400/bu+0.34+40¢/BuMay (K)6.3850
Delivered Chicago / BeyondUS #1 MillingDelivered11.0900–11.7400/bu+115–+180¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered11.0400/bu+0.34+110¢/BuMay (K)7.4017
Delivered Chicago / BeyondUS #1 MillingDelivered11.2000–11.9400/bu+0.34+126–+200¢/BuMay (K)7.7850

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.4100–7.5100/bu+0.60+100–+110¢/BuMay (K)3.7525

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered6.6575–6.7050/bu+0.31−27–−25¢/BuMarch (H)
Terminal ElevatorsUS #2Delivered6.6875–6.7175/bu+0.33−22–−19¢/BuMay (K)5.1858
Terminal ElevatorsUS #2Delivered6.6875–6.7175/bu+0.33−22–−19¢/BuMay (K)5.2092
Terminal ElevatorsUS #2Delivered6.5700–6.6200/bu+0.28−20–−15¢/BuJuly (N)5.1933
Terminal ElevatorsUS #2Delivered6.5700–6.6200/bu+0.28−20–−15¢/BuJuly (N)5.1800
Terminal ElevatorsUS #2Delivered5.5825–5.6725/bu+0.28−49–−40¢/BuDecember (Z)4.3425
Terminal ElevatorsUS #2Delivered6.5750–6.7050/bu+0.38−40–−25¢/BuMarch (H)
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.