Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, May 30
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.8650–12.9150/bu+0.41−10–−5¢/BuJuly (N)16.9325
Terminal ElevatorsUS #1Delivered12.7650–12.8150/bu+0.41−20–−15¢/BuJuly (N)16.8658
Terminal ElevatorsUS #1Delivered10.8825–11.0525/bu+0.36−65–−48¢/BuNovember (X)14.6317
Terminal ElevatorsUS #1Delivered10.9325–11.0825/bu+0.36−60–−45¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered12.8150–12.8650/bu+0.41−15–−10¢/BuJuly (N)16.9325

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered8.0300/bu+0.25+10¢/BuJuly (N)12.7250
Terminal ElevatorsUS #1Delivered8.1300/bu+0.25+20¢/BuJuly (N)12.7250
Terminal ElevatorsUS #1Delivered8.1300/bu+0.25+20¢/BuJuly (N)12.7250
Delivered Chicago / BeyondUS #1 MillingDelivered9.2800–9.9300/bu+0.50+135–+200¢/BuJuly (N)14.2750
Delivered Chicago / BeyondUS #1 MillingDelivered9.2300/bu+0.25+130¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered10.3300/bu+0.05+240¢/BuJuly (N)14.4750
Delivered Chicago / BeyondUS #1 MillingDelivered10.1300/bu+220¢/BuJuly (N)13.8350

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.9600/bu+0.03+50¢/BuJuly (N)7.2475

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered5.7900–6.2200/bu+0.10−15–+28¢/BuJuly (N)7.4650
Terminal ElevatorsUS #2Delivered5.7400–6.2200/bu+0.10−20–+28¢/BuJuly (N)7.4283
Terminal ElevatorsUS #2Delivered4.7525–4.8025/bu+0.09−50–−45¢/BuDecember (Z)6.6383
Terminal ElevatorsUS #2Delivered4.8025–4.8525/bu+0.09−45–−40¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered5.7900–6.2200/bu+0.10−15–+28¢/BuJuly (N)7.4417
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.