Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, May 31
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.9325/bu+0.49+10¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered16.8325–16.8825/bu+0.490–+5¢/BuJuly (N)15.3883
Terminal ElevatorsUS #1Delivered14.6250–14.6350/bu+0.35−47–−46¢/BuNovember (X)13.7100
Terminal ElevatorsUS #1Delivered14.6750–14.6850/bu+0.35−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered16.9325/bu+0.49+10¢/BuJuly (N)15.3083

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.7250/bu+0.57+25¢/BuJuly (N)7.9650
Terminal ElevatorsUS #1Delivered12.7250/bu+0.57+25¢/BuJuly (N)7.9650
Terminal ElevatorsUS #1Delivered12.7250/bu+0.57+25¢/BuJuly (N)7.9650
Delivered Chicago / BeyondUS #1 MillingDelivered14.2750/bu+0.27+180¢/BuJuly (N)8.9150
Delivered Chicago / BeyondUS #1 MillingDelivered13.9750/bu+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered14.4750/bu+0.57+200¢/BuJuly (N)8.9650
Delivered Chicago / BeyondUS #1 MillingDelivered13.8350/bu+0.57+136¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered13.4250/bu+0.57+95¢/BuJuly (N)
Delivered Chicago / BeyondUS #2Delivered13.5050/bu+185¢/BuJuly (N)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.2475/bu+0.14+55¢/BuJuly (N)3.9075

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.4450–7.4750/bu+0.24−9–−6¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered7.4050–7.4750/bu+0.24−13–−6¢/BuJuly (N)6.8542
Terminal ElevatorsUS #2Delivered6.6250–6.6650/bu+0.19−49–−45¢/BuDecember (Z)5.5267
Terminal ElevatorsUS #2Delivered6.6750–6.6950/bu+0.19−44–−42¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.4350–7.4450/bu+0.24−10–−9¢/BuJuly (N)6.9742
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.