Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 20
● Bids as filed23 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.16.6375/bu+22¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered17.1525–17.2025/bu+0.20+10–+15¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered17.1525/bu+0.20+10¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered17.0525–17.1025/bu+0.200–+5¢/BuJuly (N)15.1692
Terminal ElevatorsUS #1Delivered14.7475–14.7575/bu+0.07−47–−46¢/BuNovember (X)13.3450
Terminal ElevatorsUS #1Delivered14.7975–14.8075/bu+0.07−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered17.1025–17.1525/bu+0.15+5–+10¢/BuJuly (N)15.1092

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered13.0400/bu+0.52+25¢/BuJuly (N)7.1550
Terminal ElevatorsUS #1Delivered13.0400/bu+0.52+25¢/BuJuly (N)7.1550
Terminal ElevatorsUS #1Delivered13.0400/bu+0.52+25¢/BuJuly (N)7.1550
Delivered Chicago / BeyondUS #1Delivered14.1900/bu+140¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.0275–14.7275/bu+150–+220¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.0275/bu+0.53+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.0900/bu+130¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.3900/bu+0.52+160¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.4900–14.5900/bu+170–+180¢/BuJuly (N)8.3050
Delivered Chicago / BeyondUS #1 MillingDelivered14.2900/bu+0.52+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.1900–14.7900/bu+140–+200¢/BuJuly (N)8.5550

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.6975–7.7275/bu+0.05−9–−6¢/BuJuly (N)6.7450
Terminal ElevatorsUS #2Delivered7.6575–7.7275/bu+0.05−13–−6¢/BuJuly (N)6.5683
Terminal ElevatorsUS #2Delivered6.8200–6.8300/bu+0.04−50–−49¢/BuDecember (Z)5.2150
Terminal ElevatorsUS #2Delivered6.8700–6.8800/bu+0.04−45–−44¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.6875/bu+0.05−10¢/BuJuly (N)6.7517
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.