Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2023-05-24

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Feed & Hay — the cost side, cash not futures

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 24
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered13.1050–13.1450/bu+0.02−14–−10¢/BuJuly (N)17.0000
Terminal ElevatorsUS #1Delivered13.0450–13.0950/bu+0.02−20–−15¢/BuJuly (N)16.8433
Terminal ElevatorsUS #1Delivered11.2000–11.3700/bu+0.03−65–−48¢/BuNovember (X)14.6642
Terminal ElevatorsUS #1Delivered11.2500–11.4000/bu+0.03−60–−45¢/BuNovember (X)—
Terminal ElevatorsUS #1Delivered13.0250–13.1450/bu+0.02−22–−10¢/BuJuly (N)17.0000

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered8.0900/bu+0.22+10¢/BuJuly (N)13.0550
Terminal ElevatorsUS #1Delivered8.1900/bu+0.22+20¢/BuJuly (N)13.0550
Terminal ElevatorsUS #1Delivered8.1900/bu+0.22+20¢/BuJuly (N)13.0550
Delivered Chicago / BeyondUS #1 MillingDelivered9.3900–9.9900/bu+0.82+140–+200¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.7900–10.3900/bu+0.42+180–+240¢/BuJuly (N)14.8550

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered3.7975/bu+0.08+50¢/BuJuly (N)—

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered5.7225–6.1525/bu+0.10−15–+28¢/BuJuly (N)7.6625
Terminal ElevatorsUS #2Delivered5.6725–6.1525/bu+0.10−20–+28¢/BuJuly (N)7.6158
Terminal ElevatorsUS #2Delivered4.7000–4.7500/bu+0.03−50–−45¢/BuDecember (Z)6.7558
Terminal ElevatorsUS #2Delivered4.7500–4.8000/bu+0.03−45–−40¢/BuDecember (Z)—
Terminal ElevatorsUS #2Delivered5.7225–6.1525/bu+0.10−15–+28¢/BuJuly (N)7.6292
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.