Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, Jun 2
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered17.2925–17.3425/bu+0.390–+5¢/BuJuly (N)15.3458
Terminal ElevatorsUS #1Delivered14.9475–14.9575/bu+0.27−47–−46¢/BuNovember (X)13.7683
Terminal ElevatorsUS #1Delivered14.9975–15.0075/bu+0.27−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered17.3625–17.3925/bu+0.36+7–+10¢/BuJuly (N)15.2892

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.2450/bu+0.03+25¢/BuJuly (N)8.0250
Terminal ElevatorsUS #1Delivered12.2450/bu+0.03+25¢/BuJuly (N)8.0250
Terminal ElevatorsUS #1Delivered12.2450/bu+0.03+25¢/BuJuly (N)8.0250
Delivered Chicago / BeyondUS #1 MillingDelivered13.7950/bu+0.03+180¢/BuJuly (N)8.9750
Delivered Chicago / BeyondUS #1 MillingDelivered13.4950/bu+0.03+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered13.3950–13.9950/bu+0.18+140–+200¢/BuJuly (N)9.3750

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.0850/bu+0.07+55¢/BuJuly (N)3.8300

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.1725–7.2525/bu+0.01−13–−5¢/BuJuly (N)6.5867
Terminal ElevatorsUS #2Delivered6.4525–6.4925/bu+0.03−49–−45¢/BuDecember (Z)5.4250
Terminal ElevatorsUS #2Delivered6.5025–6.5225/bu+0.03−44–−42¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.2025–7.2525/bu+0.02−10–−5¢/BuJuly (N)6.6767
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.