Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 27
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.16.7500–17.1800/bu+12–+55¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered17.4225/bu+0.01+10¢/BuJuly (N)15.1483
Terminal ElevatorsUS #1Delivered17.3225–17.3725/bu+0.060–+5¢/BuJuly (N)15.2083
Terminal ElevatorsUS #1Delivered14.9700–14.9800/bu+0.01−47–−46¢/BuNovember (X)13.4675
Terminal ElevatorsUS #1Delivered15.0200–15.0300/bu+0.01−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered17.4225/bu+0.01+10¢/BuJuly (N)15.1483

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered13.2975/bu+0.13+25¢/BuJuly (N)7.5250
Terminal ElevatorsUS #1Delivered13.2975/bu+0.13+25¢/BuJuly (N)7.5250
Terminal ElevatorsUS #1Delivered13.2975/bu+0.13+25¢/BuJuly (N)7.5250
Delivered Chicago / BeyondUS #1 MillingDelivered14.5475/bu+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.0475/bu+100¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered15.0475/bu+0.77+200¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.4075/bu+136¢/BuJuly (N)8.6000
Delivered Chicago / BeyondUS #1 MillingDelivered13.9975/bu+0.13+95¢/BuJuly (N)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.3875/bu+35¢/BuJuly (N)3.8600

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.6825–7.7125/bu+0.09−9–−6¢/BuJuly (N)6.6775
Terminal ElevatorsUS #2Delivered7.6425–7.7125/bu+0.12−13–−6¢/BuJuly (N)6.5375
Terminal ElevatorsUS #2Delivered6.8100–6.8500/bu+0.11−49–−45¢/BuDecember (Z)5.2083
Terminal ElevatorsUS #2Delivered6.8600–6.8800/bu+0.11−44–−42¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.6725–7.6825/bu+0.12−10–−9¢/BuJuly (N)6.6775
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.