Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 27
● Bids as filed14 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.12.6225–13.1225/bu−35–+15¢/BuNovember (X)14.1150
Terminal ElevatorsUS #1Delivered12.4425–12.7225/bu+0.00−53–−25¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered13.0875–13.1175/bu+0.19−38–−35¢/BuMay (K)13.7292
Terminal ElevatorsUS #1Delivered12.4425–12.7225/bu+0.00−53–−25¢/BuNovember (X)13.6442

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.6975/bu+0.05−50¢/BuDecember (Z)9.7000
Terminal ElevatorsUS #1Delivered6.8975/bu+0.05−30¢/BuDecember (Z)9.7000
Terminal ElevatorsUS #1Delivered6.9975/bu+0.05−20¢/BuDecember (Z)9.7000
Delivered Chicago / BeyondUS #1 MillingDelivered8.6475–8.8975/bu+0.10+145–+170¢/BuDecember (Z)11.3750
Delivered Chicago / BeyondUS #1 MillingDelivered8.9475/bu+175¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered9.9475/bu+0.05+275¢/BuDecember (Z)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.6225/bu+0.05+60¢/BuDecember (Z)4.3650

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.5775–4.6075/bu+0.02−23–−20¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered4.7350–4.8350/bu+0.02−30–−20¢/BuMay (K)6.7858
Terminal ElevatorsUS #2Delivered4.5775–4.6075/bu+0.02−23–−20¢/BuDecember (Z)6.5875
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.