Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, May 24
● Bids as filed19 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered17.1000–17.1300/bu+0.13+17–+20¢/BuJuly (N)14.9775
Terminal ElevatorsUS #1Delivered16.9300–16.9800/bu+0.060–+5¢/BuJuly (N)15.0242
Terminal ElevatorsUS #1Delivered14.7050–14.7150/bu+0.01−47–−46¢/BuNovember (X)13.2125
Terminal ElevatorsUS #1Delivered14.7550–14.7650/bu+0.01−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered17.1000–17.1300/bu+0.18+17–+20¢/BuJuly (N)14.9642

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered13.0225/bu+0.21+25¢/BuJuly (N)6.9775
Terminal ElevatorsUS #1Delivered13.0225/bu+0.21+25¢/BuJuly (N)6.9775
Terminal ElevatorsUS #1Delivered13.0225/bu+0.21+25¢/BuJuly (N)6.9775
Delivered Chicago / BeyondUS #1 MillingDelivered13.8775–14.5775/bu+0.39+150–+220¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered13.8775/bu+0.39+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.0725/bu+0.21+130¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.4725–14.5725/bu+0.21+170–+180¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.2725–14.8725/bu+0.81+150–+210¢/BuJuly (N)8.4775
Delivered Chicago / BeyondUS #3Delivered13.1775–14.1775/bu+80–+180¢/BuJuly (N)

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.6575/bu+0.12−6¢/BuJuly (N)6.3525
Terminal ElevatorsUS #2Delivered7.5875–7.6575/bu+0.15−13–−6¢/BuJuly (N)6.1958
Terminal ElevatorsUS #2Delivered6.7525–6.7625/bu+0.14−50–−49¢/BuDecember (Z)4.9075
Terminal ElevatorsUS #2Delivered6.8025–6.8125/bu+0.14−45–−44¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.6175–7.6275/bu+0.15−10–−9¢/BuJuly (N)6.3592
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.