Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Mar 17
● Bids as filed22 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.14.3150–14.4150/bu−45–−35¢/BuMay (K)16.0325
Terminal ElevatorsUS #1Delivered14.5150–14.5850/bu+0.15−25–−18¢/BuMay (K)16.1733
Terminal ElevatorsUS #1Delivered14.5650–14.5850/bu+0.15−20–−18¢/BuMay (K)16.2267
Terminal ElevatorsUS #1Delivered14.4725–14.6125/bu+0.15−14–0¢/BuJuly (N)16.2908
Terminal ElevatorsUS #1Delivered14.4325–14.5125/bu+0.15−18–−10¢/BuJuly (N)16.2308
Terminal ElevatorsUS #1Delivered12.6550–12.6850/bu+0.11−48–−45¢/BuNovember (X)14.3142
Terminal ElevatorsUS #1Delivered14.3650–14.4650/bu+0.15−40–−30¢/BuMay (K)16.1050

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered8.7575/bu+0.12+15¢/BuMay (K)10.8475
Terminal ElevatorsUS #1Delivered8.8575/bu+0.12+25¢/BuMay (K)10.8475
Terminal ElevatorsUS #1Delivered8.8575/bu+0.12+25¢/BuMay (K)10.8475
Delivered Chicago / BeyondUS #1 MillingDelivered9.9075/bu+0.16+155¢/BuMay (K)12.3350
Delivered Chicago / BeyondUS #1 MillingDelivered9.9575/bu+160¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered9.8075/bu+120¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered10.5075/bu+0.12+190¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered10.9075/bu+0.12+230¢/BuMay (K)12.4475

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.1300/bu+0.02+65¢/BuMay (K)7.2500

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered6.1925–6.3725/bu+0.01−15–+3¢/BuMay (K)6.9042
Terminal ElevatorsUS #2Delivered6.2225–6.3725/bu+0.01−12–+3¢/BuMay (K)6.9375
Terminal ElevatorsUS #2Delivered6.0575–6.3975/bu+0.01−12–+22¢/BuJuly (N)6.9383
Terminal ElevatorsUS #2Delivered6.0575–6.3975/bu+0.01−12–+22¢/BuJuly (N)6.8683
Terminal ElevatorsUS #2Delivered5.1125–5.1625/bu+0.03−50–−45¢/BuDecember (Z)5.9617
Terminal ElevatorsUS #2Delivered5.9925–6.3425/bu+0.02−35–0¢/BuMay (K)6.8675
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.