Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Jan 16
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.0850/bu+0.03−30¢/BuMay (K)15.0883
Terminal ElevatorsUS #1Delivered12.0850/bu+0.03−30¢/BuMay (K)15.1017
Terminal ElevatorsUS #1Delivered11.7725–11.8225/bu+0.03−50–−45¢/BuMarch (H)15.0475

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.9075/bu+0.090¢/BuMarch (H)9.3600
Terminal ElevatorsUS #1Delivered7.1075/bu+0.09+20¢/BuMarch (H)9.4600
Terminal ElevatorsUS #1Delivered7.2075/bu+0.09+30¢/BuMarch (H)9.4600
Delivered Chicago / BeyondUS #1 MillingDelivered7.6650/bu+165¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered7.2075/bu+30¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered7.7575/bu+85¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered8.9075/bu+0.09+200¢/BuMarch (H)11.1350
Delivered Chicago / BeyondUS #1 MillingDelivered9.9075–10.0075/bu+0.14+300–+310¢/BuMarch (H)12.0100

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.3750/bu+0.21+85¢/BuMarch (H)4.1150

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3025–4.3525/bu+0.04−25–−20¢/BuMay (K)6.7442
Terminal ElevatorsUS #2Delivered4.3025–4.3525/bu+0.04−25–−20¢/BuMay (K)6.7642
Terminal ElevatorsUS #2Delivered4.0350–4.2350/bu+0.04−40–−20¢/BuMarch (H)6.6525
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.