Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2023-06-16

Feeder Cattle — prices, barns, and planning

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Feed & Hay — the cost side, cash not futures

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Jun 16
● Bids as filed22 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Mills and ProcessorsUS #1F.O.B.13.4250–14.8750/bu—−65–+80¢/BuAugust (Q)16.5458
Terminal ElevatorsUS #1Delivered14.4650–14.5650/bu+0.33−20–−10¢/BuJuly (N)—
Terminal ElevatorsUS #1Delivered12.8025–12.9425/bu+0.38−62–−48¢/BuNovember (X)14.9117
Terminal ElevatorsUS #1Delivered12.9025–12.9725/bu+0.43−52–−45¢/BuNovember (X)—
Terminal ElevatorsUS #1Delivered14.5150–14.5650/bu+0.38−15–−10¢/BuJuly (N)16.8467

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered8.6350/bu+0.21+10¢/BuJuly (N)12.0450
Terminal ElevatorsUS #1Delivered8.7350/bu+0.21+20¢/BuJuly (N)12.0450
Terminal ElevatorsUS #1Delivered8.7350/bu+0.21+20¢/BuJuly (N)12.0450
Delivered Chicago / BeyondUS #1 MillingDelivered9.4200/bu+0.29+100¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.8850/bu—+135¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.9350/bu+0.31+140¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.8350/bu—+130¢/BuJuly (N)13.3950
Delivered Chicago / BeyondUS #1 MillingDelivered10.0350–10.5350/bu+0.29+150–+200¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered10.1350–10.8350/bu+0.11+160–+230¢/BuJuly (N)13.4950

Rye

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered8.1500/bu————

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.3950/bu+0.01+35¢/BuJuly (N)7.1950

Barley

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered1.5000–1.7500¢/Bu————
Terminal ElevatorsUS #2Delivered1.5000–1.7500¢/Bu————

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered6.2525–6.4025/bu+0.17−15–0¢/BuJuly (N)7.8917
Terminal ElevatorsUS #2Delivered5.4750–5.5250/bu+0.23−50–−45¢/BuDecember (Z)6.8400
Terminal ElevatorsUS #2Delivered5.5250–5.5750/bu+0.23−45–−40¢/BuDecember (Z)—
Terminal ElevatorsUS #2Delivered6.2525–6.4025/bu+0.12−15–0¢/BuJuly (N)7.8983
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.