Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Jan 31
● Bids as filed14 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered11.7725–11.8225/bu−45–−40¢/BuMarch (H)
Terminal ElevatorsUS #1Delivered12.0275/bu+0.05−30¢/BuMay (K)14.9150
Terminal ElevatorsUS #1Delivered12.0275/bu+0.05−30¢/BuMay (K)14.9150
Terminal ElevatorsUS #1Delivered11.7225–11.8225/bu+0.04−50–−40¢/BuMarch (H)14.8525

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.0725/bu+0.08+15¢/BuMarch (H)9.4100
Terminal ElevatorsUS #1Delivered7.2725/bu+0.08+35¢/BuMarch (H)9.5100
Terminal ElevatorsUS #1Delivered7.3725/bu+0.08+45¢/BuMarch (H)9.5100
Delivered Chicago / BeyondUS #1 MillingDelivered8.9725–9.1725/bu+0.03+205–+225¢/BuMarch (H)10.8600
Delivered Chicago / BeyondUS #1 MillingDelivered9.6225/bu+270¢/BuMarch (H)11.6600

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.4250/bu+0.06+60¢/BuMarch (H)4.2300

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.1825–4.3525/bu−30–−13¢/BuMarch (H)6.6600
Terminal ElevatorsUS #2Delivered4.3550–4.3850/bu+0.00−23–−20¢/BuMay (K)6.7017
Terminal ElevatorsUS #2Delivered4.3550–4.3850/bu+0.00−23–−20¢/BuMay (K)6.7183
Terminal ElevatorsUS #2Delivered4.1825–4.3525/bu+0.01−30–−13¢/BuMarch (H)6.5600
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.