Minneapolis Daily Grain Report

Minnesota · Minneapolis · Mon, May 1
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered14.1550–14.2250/bu+0.06−12–−5¢/BuJuly (N)16.4125
Terminal ElevatorsUS #1Delivered14.1250–14.1750/bu+0.08−15–−10¢/BuJuly (N)16.3492
Terminal ElevatorsUS #1Delivered12.1000–12.2700/bu+0.12−65–−48¢/BuNovember (X)14.4550
Terminal ElevatorsUS #1Delivered14.0950–14.1750/bu+0.05−18–−10¢/BuJuly (N)16.3358

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.8975/bu+0.13+15¢/BuMay (K)11.9775
Terminal ElevatorsUS #1Delivered7.9975/bu+0.13+25¢/BuMay (K)11.9775
Terminal ElevatorsUS #1Delivered7.9975/bu+0.13+25¢/BuMay (K)11.9775
Delivered Chicago / BeyondUS #1 MillingDelivered9.4100–9.7100/bu+0.43+150–+180¢/BuJuly (N)13.5025
Delivered Chicago / BeyondUS #1 MillingDelivered9.2100/bu+130¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.2100–10.1100/bu+0.13+130–+220¢/BuJuly (N)13.4775

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.4475/bu+0.07+50¢/BuMay (K)7.1650

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered5.7950–6.0650/bu+0.01−5–+22¢/BuJuly (N)7.8750
Terminal ElevatorsUS #2Delivered5.7450–6.0850/bu+0.01−10–+24¢/BuJuly (N)7.8617
Terminal ElevatorsUS #2Delivered4.7525–4.8025/bu+0.03−50–−45¢/BuDecember (Z)6.9292
Terminal ElevatorsUS #2Delivered5.8050–6.0250/bu+0.01−4–+18¢/BuJuly (N)7.7950
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.