Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Dec 15
● Bids as filed14 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.12.4575–13.1075/bu−70–−5¢/BuJanuary (F)14.8833
Terminal ElevatorsUS #1Delivered13.0500–13.0800/bu+0.02−38–−35¢/BuMay (K)14.5500
Terminal ElevatorsUS #1Delivered13.0500–13.0800/bu+0.02−38–−35¢/BuMay (K)14.5700
Terminal ElevatorsUS #1Delivered13.1500–13.1700/bu+0.02−35–−33¢/BuJuly (N)14.6150

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.3075/bu0¢/BuMarch (H)
Terminal ElevatorsUS #1Delivered7.5075/bu+20¢/BuMarch (H)
Terminal ElevatorsUS #1Delivered7.6075/bu+30¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered9.5075/bu+0.34+220¢/BuMarch (H)11.4950
Delivered Chicago / BeyondUS #1 MillingDelivered10.5075/bu+0.14+320¢/BuMarch (H)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.5550/bu+0.05+80¢/BuMarch (H)4.2350

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.7025–4.7525/bu+0.03−25–−20¢/BuMay (K)6.4983
Terminal ElevatorsUS #2Delivered4.7025–4.7525/bu+0.03−25–−20¢/BuMay (K)6.5083
Terminal ElevatorsUS #2Delivered4.7975–4.8475/bu+0.03−25–−20¢/BuJuly (N)6.4925
Terminal ElevatorsUS #2Delivered4.4300–4.5300/bu+0.04−40–−30¢/BuMarch (H)6.4300
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.