Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Mar 2
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.3800–16.4100/bu+0.27−25–−22¢/BuMay (K)13.9417
Terminal ElevatorsUS #1Delivered16.3800–16.4200/bu+0.27−25–−21¢/BuMay (K)13.9550
Terminal ElevatorsUS #1Delivered16.1800–16.2600/bu+0.29−16–−8¢/BuJuly (N)13.9017
Terminal ElevatorsUS #1Delivered16.2100–16.2200/bu+0.29−13–−12¢/BuJuly (N)13.8350
Terminal ElevatorsUS #1Delivered14.1750–14.2250/bu+0.25−35–−30¢/BuNovember (X)12.0067
Terminal ElevatorsUS #1Delivered16.2300–16.4100/bu+0.42−40–−22¢/BuMay (K)13.8500

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.9825/bu+0.05+40¢/BuMay (K)6.4800
Terminal ElevatorsUS #1Delivered10.9825/bu+0.05+40¢/BuMay (K)6.4800
Terminal ElevatorsUS #1Delivered10.9825/bu+0.05+40¢/BuMay (K)6.4800
Delivered Chicago / BeyondUS #1 MillingDelivered11.8825/bu+130¢/BuMay (K)7.6300
Delivered Chicago / BeyondUS #1 MillingDelivered11.8325–12.0825/bu+0.81+125–+150¢/BuMay (K)7.7300
Delivered Chicago / BeyondUS #1 MillingDelivered11.7825/bu+120¢/BuMay (K)

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.0100–7.0200/bu+0.01−24–−23¢/BuMay (K)5.1792
Terminal ElevatorsUS #2Delivered7.0100–7.0200/bu+0.01−24–−23¢/BuMay (K)5.1892
Terminal ElevatorsUS #2Delivered6.7375/bu+0.14−20¢/BuJuly (N)5.1867
Terminal ElevatorsUS #2Delivered6.7375/bu+0.14−20¢/BuJuly (N)5.1567
Terminal ElevatorsUS #2Delivered5.6025–5.6425/bu+0.16−49–−45¢/BuDecember (Z)4.4083
Terminal ElevatorsUS #2Delivered6.8500–7.0100/bu+0.11−40–−24¢/BuMay (K)5.0625
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.