Minneapolis Daily Grain Report

Minnesota · Minneapolis · Mon, Jan 29
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered11.7500/bu+0.11−30¢/BuMay (K)15.0250
Terminal ElevatorsUS #1Delivered11.7500/bu+0.11−30¢/BuMay (K)15.0317
Terminal ElevatorsUS #1Delivered11.4425–11.4925/bu+0.15−50–−45¢/BuMarch (H)14.9725

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.0825/bu+0.10+15¢/BuMarch (H)9.3650
Terminal ElevatorsUS #1Delivered7.2825/bu+0.10+35¢/BuMarch (H)9.4650
Terminal ElevatorsUS #1Delivered7.3825/bu+0.10+45¢/BuMarch (H)9.4650
Delivered Chicago / BeyondUS #1 MillingDelivered7.8825/bu+0.07+170¢/BuMarch (H)10.7375
Delivered Chicago / BeyondUS #1 MillingDelivered8.1825/bu+125¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered8.6825/bu+0.10+175¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered9.5325–9.6825/bu+0.25+260–+275¢/BuMarch (H)11.2150
Delivered Chicago / BeyondUS #1 MillingDelivered10.1825/bu+325¢/BuMarch (H)11.3150

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.2525/bu+0.02+60¢/BuMarch (H)4.2150

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.2550–4.3050/bu+0.05−25–−20¢/BuMay (K)6.7192
Terminal ElevatorsUS #2Delivered4.2550–4.3050/bu+0.05−25–−20¢/BuMay (K)6.7358
Terminal ElevatorsUS #2Delivered4.0025–4.2325/bu+0.06−40–−17¢/BuMarch (H)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.