Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-02-16

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Feed & Hay — the cost side, cash not futures

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Feb 16
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Mills and ProcessorsUS #1F.O.B.10.9225–11.6225/bu—−80–−10¢/BuMarch (H)14.7725
Terminal ElevatorsUS #1Delivered11.2725–11.3225/bu+0.10−45–−40¢/BuMarch (H)—
Terminal ElevatorsUS #1Delivered11.4625/bu+0.10−30¢/BuMay (K)14.9825
Terminal ElevatorsUS #1Delivered11.4625/bu+0.10−30¢/BuMay (K)14.9992
Terminal ElevatorsUS #1Delivered11.2725–11.3225/bu+0.10−45–−40¢/BuMarch (H)14.9125

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered6.6975/bu+0.03+15¢/BuMarch (H)9.3850
Terminal ElevatorsUS #1Delivered6.8975/bu+0.03+35¢/BuMarch (H)9.4850
Terminal ElevatorsUS #1Delivered6.9975/bu+0.03+45¢/BuMarch (H)9.4850
Delivered Chicago / BeyondUS #1 MillingDelivered7.9475/bu+0.03+140¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.0475–8.3475/bu+0.13+150–+180¢/BuMarch (H)10.8525
Delivered Chicago / BeyondUS #1 MillingDelivered8.0475–8.5975/bu—+150–+205¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.3475/bu+0.57+280¢/BuMarch (H)11.2525
Delivered Chicago / BeyondUS #1 MillingDelivered8.7475/bu—+220¢/BuMarch (H)—

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.5625/bu+0.01+73¢/BuMarch (H)3.9375

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered3.8150–4.0350/bu+0.01−35–−13¢/BuMarch (H)6.5575
Terminal ElevatorsUS #2Delivered4.0650–4.0950/bu+0.00−23–−20¢/BuMay (K)6.6617
Terminal ElevatorsUS #2Delivered4.0650–4.0950/bu+0.00−23–−20¢/BuMay (K)6.6817
Terminal ElevatorsUS #2Delivered3.8150–4.0350/bu+0.01−35–−13¢/BuMarch (H)6.5242
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.