Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 18
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.6275–16.6575/bu+0.150–+3¢/BuJuly (N)15.2458
Terminal ElevatorsUS #1Delivered16.5475/bu+0.15−8¢/BuJuly (N)15.2892
Terminal ElevatorsUS #1Delivered14.5250–14.5350/bu+0.26−47–−46¢/BuNovember (X)13.4325
Terminal ElevatorsUS #1Delivered14.5750–14.5850/bu+0.26−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered16.6275/bu+0.150¢/BuJuly (N)15.2458

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered13.7775/bu+0.51+25¢/BuJuly (N)7.1250
Terminal ElevatorsUS #1Delivered13.7775/bu+0.51+25¢/BuJuly (N)7.1250
Terminal ElevatorsUS #1Delivered13.7775/bu+0.51+25¢/BuJuly (N)7.1250
Delivered Chicago / BeyondUS #1 MillingDelivered14.9950/bu+175¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered15.1275/bu+160¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered15.3275/bu+180¢/BuJuly (N)8.2250
Delivered Chicago / BeyondUS #1 MillingDelivered15.0275/bu+150¢/BuJuly (N)8.2750
Delivered Chicago / BeyondUS #1 MillingDelivered14.9275–15.6275/bu+1.11+140–+210¢/BuJuly (N)

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.7050–7.7550/bu+0.19−11–−6¢/BuJuly (N)6.7325
Terminal ElevatorsUS #2Delivered7.6650–7.7550/bu+0.19−15–−6¢/BuJuly (N)6.5558
Terminal ElevatorsUS #2Delivered6.9025–6.9125/bu+0.21−50–−49¢/BuDecember (Z)5.1400
Terminal ElevatorsUS #2Delivered6.9225–6.9625/bu+0.21−48–−44¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.6250–7.7150/bu+0.19−19–−10¢/BuJuly (N)6.7325
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.