Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2023-05-31

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 31
● Bids as filed19 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered12.8975–12.9475/bu+0.03−10–−5¢/BuJuly (N)—
Terminal ElevatorsUS #1Delivered12.7975–12.8475/bu+0.03−20–−15¢/BuJuly (N)16.9358
Terminal ElevatorsUS #1Delivered10.8150–10.9850/bu+0.07−65–−48¢/BuNovember (X)14.6892
Terminal ElevatorsUS #1Delivered10.8650–11.0150/bu+0.07−60–−45¢/BuNovember (X)—
Terminal ElevatorsUS #1Delivered12.8475–12.8975/bu+0.03−15–−10¢/BuJuly (N)17.0025

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.9000/bu+0.13+10¢/BuJuly (N)12.2200
Terminal ElevatorsUS #1Delivered8.0000/bu+0.13+20¢/BuJuly (N)12.2200
Terminal ElevatorsUS #1Delivered8.0000/bu+0.13+20¢/BuJuly (N)12.2200
Delivered Chicago / BeyondUS #1 MillingDelivered9.0050–9.1050/bu—+110–+120¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.3500–9.8000/bu+0.07+155–+200¢/BuJuly (N)13.7700
Delivered Chicago / BeyondUS #1 MillingDelivered9.1000/bu+0.13+130¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered10.2000/bu+0.13+240¢/BuJuly (N)13.7700
Delivered Chicago / BeyondUS #1 MillingDelivered10.0000/bu+0.13+220¢/BuJuly (N)—

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered3.8900/bu+0.07+50¢/BuJuly (N)7.0150

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered5.9400–6.2200/bu+0.150–+28¢/BuJuly (N)—
Terminal ElevatorsUS #2Delivered5.7400–6.2200/bu—−20–+28¢/BuJuly (N)7.2092
Terminal ElevatorsUS #2Delivered4.7175–4.7675/bu+0.04−50–−45¢/BuDecember (Z)6.4383
Terminal ElevatorsUS #2Delivered4.7675–4.8175/bu+0.04−45–−40¢/BuDecember (Z)—
Terminal ElevatorsUS #2Delivered5.9400–6.2200/bu+0.150–+28¢/BuJuly (N)7.2458
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.