Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, May 2
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered13.9875–14.0075/bu+0.17−12–−10¢/BuJuly (N)16.2483
Terminal ElevatorsUS #1Delivered13.9575/bu+0.17−15¢/BuJuly (N)16.2017
Terminal ElevatorsUS #1Delivered12.0225–12.1925/bu+0.08−65–−48¢/BuNovember (X)14.3325
Terminal ElevatorsUS #1Delivered13.9275–14.0075/bu+0.17−18–−10¢/BuJuly (N)16.1883

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.7325/bu+0.17+15¢/BuMay (K)11.9550
Terminal ElevatorsUS #1Delivered7.8325/bu+0.17+25¢/BuMay (K)11.9550
Terminal ElevatorsUS #1Delivered7.8325/bu+0.17+25¢/BuMay (K)11.9550
Delivered Chicago / BeyondUS #1 MillingDelivered9.2850–9.6350/bu+0.13+155–+190¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.0350/bu+0.18+130¢/BuJuly (N)13.1550
Delivered Chicago / BeyondUS #1 MillingDelivered10.0350/bu+230¢/BuJuly (N)13.6050

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.5250/bu+0.08+50¢/BuJuly (N)7.3500

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered5.7500–6.0200/bu+0.05−5–+22¢/BuJuly (N)7.7800
Terminal ElevatorsUS #2Delivered5.7000–6.0400/bu+0.05−10–+24¢/BuJuly (N)7.7633
Terminal ElevatorsUS #2Delivered4.6975–4.7475/bu+0.06−50–−45¢/BuDecember (Z)6.8592
Terminal ElevatorsUS #2Delivered5.7600–5.9800/bu+0.05−4–+18¢/BuJuly (N)7.6967
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.