Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Jun 1
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered16.9025–16.9525/bu+0.070–+5¢/BuJuly (N)15.5217
Terminal ElevatorsUS #1Delivered14.6825–14.6925/bu+0.06−47–−46¢/BuNovember (X)13.8775
Terminal ElevatorsUS #1Delivered14.7325–14.7425/bu+0.06−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered17.0025/bu+0.07+10¢/BuJuly (N)15.4317

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.2200/bu+0.51+25¢/BuJuly (N)8.0800
Terminal ElevatorsUS #1Delivered12.2200/bu+0.51+25¢/BuJuly (N)8.0800
Terminal ElevatorsUS #1Delivered12.2200/bu+0.51+25¢/BuJuly (N)8.0800
Delivered Chicago / BeyondUS #1 MillingDelivered13.7700/bu+0.51+180¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered13.4700/bu+0.51+150¢/BuJuly (N)9.0300
Delivered Chicago / BeyondUS #1 MillingDelivered13.5700–13.9700/bu+0.91+160–+200¢/BuJuly (N)9.1550

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.0150/bu+0.23+55¢/BuJuly (N)3.8650

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.1825–7.2625/bu+0.22−13–−5¢/BuJuly (N)6.7167
Terminal ElevatorsUS #2Delivered6.4250–6.4650/bu+0.20−49–−45¢/BuDecember (Z)5.4842
Terminal ElevatorsUS #2Delivered6.4750–6.4950/bu+0.20−44–−42¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.2225–7.2625/bu+0.21−9–−5¢/BuJuly (N)6.8167
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.