Minneapolis Daily Grain Report

Minnesota · Minneapolis · Mon, May 16
● Bids as filed17 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.5650–16.5950/bu+0.100–+3¢/BuJuly (N)15.9083
Terminal ElevatorsUS #1Delivered16.4850/bu+0.10−8¢/BuJuly (N)15.8550
Terminal ElevatorsUS #1Delivered14.6500–14.6800/bu+0.14−47–−44¢/BuNovember (X)13.7167
Terminal ElevatorsUS #1Delivered14.7000–14.7700/bu+0.14−42–−35¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered16.5650/bu+0.100¢/BuJuly (N)15.9083

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered14.2000/bu+0.60+35¢/BuJuly (N)7.3000
Terminal ElevatorsUS #1Delivered14.2000/bu+0.60+35¢/BuJuly (N)7.3000
Terminal ElevatorsUS #1Delivered14.2000/bu+0.60+35¢/BuJuly (N)7.3000
Delivered Chicago / BeyondUS #1 MillingDelivered15.1700/bu+0.70+165¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered15.1700/bu+165¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered15.4500–15.6500/bu+160–+180¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered15.3000–15.9500/bu+0.05+145–+210¢/BuJuly (N)8.5250

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.9850–8.0150/bu+0.28−11–−8¢/BuJuly (N)6.6717
Terminal ElevatorsUS #2Delivered7.9450–8.0150/bu+0.28−15–−8¢/BuJuly (N)6.4983
Terminal ElevatorsUS #2Delivered7.1550–7.1650/bu+0.17−50–−49¢/BuDecember (Z)5.1225
Terminal ElevatorsUS #2Delivered7.1750–7.2150/bu+0.17−48–−44¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.9050–7.9950/bu+0.28−19–−10¢/BuJuly (N)6.6717
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.