Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-01-24

Feeder Cattle — prices, barns, and planning

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Fed Cattle — the cash market and what quality pays

Fed Cash Today5-Area live & dressed, regional splitfreePacker MarginThe daily per-head numberfreeCarcass Weight WatchWeekly weights vs 5-year bandfreeCattle on FeedMonthly placements & marketings, revisions trackedfreeNegotiated Share TrackerCash vs formula, tracked over yearsfreeWhat Quality PaysWhat packers add and subtract on a carcass gridfree

Beef & Retail — from the box to the grocery shelf

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Feed & Hay — the cost side, cash not futures

Cash Grain Bids30 states of elevator bids, dailyfreeHay Prices19 states + 18 auctions, by qualityfreeBasis MapWhat local corn is worth against the boardfreeFeedstuffs DeskDDGS, soybean meal, mill feedsfree

Cows & Bred Stock — the rebuild market

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Jan 24
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered12.1650/bu+0.01−30¢/BuMay (K)14.6550
Terminal ElevatorsUS #1Delivered12.1650/bu+0.01−30¢/BuMay (K)14.6883
Terminal ElevatorsUS #1Delivered11.9025–11.9525/bu+0.01−50–−45¢/BuMarch (H)14.6600

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.0450/bu+0.060¢/BuMarch (H)9.3450
Terminal ElevatorsUS #1Delivered7.2450/bu+0.06+20¢/BuMarch (H)9.4450
Terminal ElevatorsUS #1Delivered7.3450/bu+0.06+30¢/BuMarch (H)9.4450
Delivered Chicago / BeyondUS #1 MillingDelivered7.8950/bu—+85¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.7950/bu—+175¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.5450–9.6450/bu+0.06+250–+260¢/BuMarch (H)11.4950
Delivered Chicago / BeyondUS #1 MillingDelivered9.0450/bu+0.06+200¢/BuMarch (H)10.6700
Delivered Chicago / BeyondUS #1 MillingDelivered10.1450–10.2950/bu+0.16+310–+325¢/BuMarch (H)11.4200

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.2575/bu+0.05+60¢/BuMarch (H)4.1800

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.3750–4.4250/bu+0.06−25–−20¢/BuMay (K)6.6492
Terminal ElevatorsUS #2Delivered4.3750–4.4250/bu+0.06−25–−20¢/BuMay (K)6.6692
Terminal ElevatorsUS #2Delivered4.1225–4.3525/bu+0.06−40–−17¢/BuMarch (H)6.5075
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.