Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Mar 3
● Bids as filed22 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.14.6875–14.8375/bu−50–−35¢/BuMay (K)16.1050
Terminal ElevatorsUS #1Delivered14.9375–14.9575/bu+0.10−25–−23¢/BuMay (K)16.1817
Terminal ElevatorsUS #1Delivered14.9775–14.9875/bu+0.10−21–−20¢/BuMay (K)16.1883
Terminal ElevatorsUS #1Delivered14.9100–15.0100/bu+0.08−15–−5¢/BuJuly (N)16.1233
Terminal ElevatorsUS #1Delivered14.8800–14.9100/bu+0.08−18–−15¢/BuJuly (N)16.1133
Terminal ElevatorsUS #1Delivered13.1800–13.2800/bu+0.06−55–−45¢/BuNovember (X)14.1825
Terminal ElevatorsUS #1Delivered14.7875–14.8875/bu+0.10−40–−30¢/BuMay (K)16.1300

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered8.8775/bu+0.04+15¢/BuMay (K)11.5075
Terminal ElevatorsUS #1Delivered8.9775/bu+0.04+25¢/BuMay (K)11.5075
Terminal ElevatorsUS #1Delivered8.9775/bu+0.04+25¢/BuMay (K)11.5075
Delivered Chicago / BeyondUS #1 MillingDelivered9.7625/bu+160¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered9.5125/bu+0.10+135¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered9.8775–10.5275/bu+0.19+115–+180¢/BuMay (K)12.4825
Delivered Chicago / BeyondUS #1 MillingDelivered10.2275/bu+150¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered10.7275/bu+0.24+200¢/BuMay (K)12.3325

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.9675/bu+0.02+65¢/BuMay (K)

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered6.2275–6.3975/bu+0.06−17–0¢/BuMay (K)7.1425
Terminal ElevatorsUS #2Delivered6.2575–6.3975/bu+0.06−14–0¢/BuMay (K)7.1425
Terminal ElevatorsUS #2Delivered6.1600–6.4300/bu+0.04−12–+15¢/BuJuly (N)7.0125
Terminal ElevatorsUS #2Delivered6.1600–6.4300/bu+0.04−12–+15¢/BuJuly (N)7.0125
Terminal ElevatorsUS #2Delivered5.1600–5.2600/bu+0.01−55–−45¢/BuDecember (Z)5.8183
Terminal ElevatorsUS #2Delivered6.0775–6.3475/bu+0.06−35–−5¢/BuMarch (H)7.0592
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.