Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2023-05-03

Feeder Cattle — prices, barns, and planning

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Fed Cattle — the cash market and what quality pays

Fed Cash Today5-Area live & dressed, regional splitfreePacker MarginThe daily per-head numberfreeCarcass Weight WatchWeekly weights vs 5-year bandfreeCattle on FeedMonthly placements & marketings, revisions trackedfreeNegotiated Share TrackerCash vs formula, tracked over yearsfreeWhat Quality PaysWhat packers add and subtract on a carcass gridfree

Beef & Retail — from the box to the grocery shelf

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Feed & Hay — the cost side, cash not futures

Cash Grain Bids30 states of elevator bids, dailyfreeHay Prices19 states + 18 auctions, by qualityfreeBasis MapWhat local corn is worth against the boardfreeFeedstuffs DeskDDGS, soybean meal, mill feedsfree

Cows & Bred Stock — the rebuild market

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 3
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered14.0550–14.0750/bu+0.07−12–−10¢/BuJuly (N)16.3483
Terminal ElevatorsUS #1Delivered14.0250/bu+0.07−15¢/BuJuly (N)16.3183
Terminal ElevatorsUS #1Delivered12.0725–12.2425/bu+0.05−65–−48¢/BuNovember (X)14.4150
Terminal ElevatorsUS #1Delivered13.9950–14.0750/bu+0.07−18–−10¢/BuJuly (N)16.3017

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered8.1850/bu+0.45+15¢/BuJuly (N)12.1725
Terminal ElevatorsUS #1Delivered8.2850/bu+0.45+25¢/BuJuly (N)12.1725
Terminal ElevatorsUS #1Delivered8.2850/bu+0.45+25¢/BuJuly (N)12.1725
Delivered Chicago / BeyondUS #1 MillingDelivered9.1350/bu—+110¢/BuJuly (N)13.5725
Delivered Chicago / BeyondUS #1 MillingDelivered9.6350–9.9350/bu+0.35+160–+190¢/BuJuly (N)13.5725
Delivered Chicago / BeyondUS #1 MillingDelivered10.1350–10.3350/bu+0.10+210–+230¢/BuJuly (N)13.8225

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered3.6025/bu+0.08+50¢/BuJuly (N)7.4125

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered5.8350–6.1350/bu+0.09−5–+25¢/BuJuly (N)7.8025
Terminal ElevatorsUS #2Delivered5.7850–6.1550/bu+0.09−10–+27¢/BuJuly (N)7.7825
Terminal ElevatorsUS #2Delivered4.8050–4.8550/bu+0.11−50–−45¢/BuDecember (Z)6.8692
Terminal ElevatorsUS #2Delivered5.8450–6.1050/bu+0.09−4–+22¢/BuJuly (N)7.7158
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.