Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, May 3
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.2050–16.2850/bu+0.20−10–−2¢/BuJuly (N)15.4758
Terminal ElevatorsUS #1Delivered16.1550–16.2250/bu+0.15−15–−8¢/BuJuly (N)15.3725
Terminal ElevatorsUS #1Delivered14.3125–14.3425/bu+0.12−47–−44¢/BuNovember (X)13.3792
Terminal ElevatorsUS #1Delivered14.3625–14.4325/bu+0.12−42–−35¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered16.1550–16.2050/bu+0.15−15–−10¢/BuJuly (N)15.4725

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered11.9550/bu+0.02+40¢/BuJuly (N)7.8325
Terminal ElevatorsUS #1Delivered11.9550/bu+0.02+40¢/BuJuly (N)7.8325
Terminal ElevatorsUS #1Delivered11.9550/bu+0.02+40¢/BuJuly (N)7.8325
Delivered Chicago / BeyondUS #1 MillingDelivered12.9275/bu+200¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered13.3550–13.4050/bu+180–+185¢/BuJuly (N)8.8075
Delivered Chicago / BeyondUS #1 MillingDelivered13.1550/bu+160¢/BuJuly (N)8.6825
Delivered Chicago / BeyondUS #1 MillingDelivered13.3550–13.8550/bu+0.62+180–+230¢/BuJuly (N)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.2250–7.4750/bu+0.19+50–+75¢/BuJuly (N)4.0075

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.7500–7.8100/bu+0.11−18–−12¢/BuJuly (N)7.1975
Terminal ElevatorsUS #2Delivered7.7300–7.8100/bu+0.11−20–−12¢/BuJuly (N)6.9608
Terminal ElevatorsUS #2Delivered6.8525–6.8625/bu+0.07−50–−49¢/BuDecember (Z)5.5483
Terminal ElevatorsUS #2Delivered6.8725–6.9125/bu+0.07−48–−44¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.6700–7.7300/bu+0.11−26–−20¢/BuJuly (N)7.1975
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.