Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Oct 3
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.2275–12.2475/bu+0.04−50–−48¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered12.8275–12.8575/bu+0.06−38–−35¢/BuMay (K)13.6717
Terminal ElevatorsUS #1Delivered12.0775–12.1275/bu+0.06−65–−60¢/BuNovember (X)13.4517

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Delivered Chicago / BeyondUS #1Delivered7.9825/bu+115¢/BuDecember (Z)
Terminal ElevatorsUS #1Delivered6.3550/bu+0.07−90¢/BuDecember (Z)10.0125
Terminal ElevatorsUS #1Delivered6.5550/bu+0.07−70¢/BuDecember (Z)10.0125
Terminal ElevatorsUS #1Delivered6.6550/bu+0.07−60¢/BuDecember (Z)10.0125
Delivered Chicago / BeyondUS #1 MillingDelivered7.9825/bu+115¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered8.5550–8.7550/bu+0.13+130–+150¢/BuDecember (Z)11.4625
Delivered Chicago / BeyondUS #1 MillingDelivered8.7550/bu+150¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered9.7550–9.8050/bu+250–+255¢/BuDecember (Z)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.6150/bu+0.02+25¢/BuDecember (Z)4.3350

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.5250–4.5750/bu+0.01−35–−30¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered4.8050–4.9050/bu+0.02−30–−20¢/BuMay (K)6.7600
Terminal ElevatorsUS #2Delivered4.4750–4.5750/bu+0.01−40–−30¢/BuDecember (Z)6.3800
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.