Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Jun 3
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.16.4575–16.9875/bu+12–+65¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered16.9775–17.0275/bu0–+5¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered16.8575–17.0275/bu−12–+5¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered14.8000–14.8100/bu+0.15−47–−46¢/BuNovember (X)14.0817
Terminal ElevatorsUS #1Delivered14.8500–14.8600/bu+0.15−42–−41¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered17.0275–17.0775/bu+0.34+5–+10¢/BuJuly (N)15.5975

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.1675/bu+0.08+25¢/BuJuly (N)8.3775
Terminal ElevatorsUS #1Delivered12.1675/bu+0.08+25¢/BuJuly (N)8.3775
Terminal ElevatorsUS #1Delivered12.1675/bu+0.08+25¢/BuJuly (N)8.3775
Delivered Chicago / BeyondUS #1 MillingDelivered13.9175/bu+0.52+200¢/BuJuly (N)9.1775
Delivered Chicago / BeyondUS #1 MillingDelivered13.3175/bu+140¢/BuJuly (N)9.7275

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered7.4550/bu+0.37+55¢/BuJuly (N)3.9975

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered7.1400–7.2500/bu+0.03−13–−2¢/BuJuly (N)6.7675
Terminal ElevatorsUS #2Delivered6.4100–6.4500/bu+0.04−49–−45¢/BuDecember (Z)5.6750
Terminal ElevatorsUS #2Delivered6.4600–6.4800/bu+0.04−44–−42¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered7.1400–7.2500/bu+0.06−13–−2¢/BuJuly (N)6.8442
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.