Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-02-23

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Feed & Hay — the cost side, cash not futures

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Feb 23
● Bids as filed19 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Mills and ProcessorsUS #1F.O.B.10.4800–11.2300/bu—−85–−10¢/BuMarch (H)14.7175
Terminal ElevatorsUS #1Delivered10.8800–10.9300/bu+0.15−45–−40¢/BuMarch (H)—
Terminal ElevatorsUS #1Delivered11.1175/bu+0.11−30¢/BuMay (K)14.9558
Terminal ElevatorsUS #1Delivered11.1175/bu+0.11−30¢/BuMay (K)14.9858
Terminal ElevatorsUS #1Delivered10.8800–10.9300/bu+0.15−45–−40¢/BuMarch (H)14.8813

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered6.5650/bu+0.10+15¢/BuMarch (H)8.9750
Terminal ElevatorsUS #1Delivered6.7650/bu+0.10+35¢/BuMarch (H)9.0750
Terminal ElevatorsUS #1Delivered6.8650/bu+0.10+45¢/BuMarch (H)9.0750
Delivered Chicago / BeyondUS #1 MillingDelivered7.0550–7.2550/bu—+140–+160¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.5150/bu+0.10+110¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.5650–7.7650/bu+0.10+115–+135¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.7150–8.0150/bu—+130–+160¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.7150/bu—+130¢/BuMarch (H)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.7150–8.9150/bu—+230–+250¢/BuMarch (H)10.9250

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.1950/bu+0.17+55¢/BuMarch (H)4.3400

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered3.6475–3.8675/bu+0.06−35–−13¢/BuMarch (H)6.2800
Terminal ElevatorsUS #2Delivered3.9050–3.9350/bu+0.05−23–−20¢/BuMay (K)6.3592
Terminal ElevatorsUS #2Delivered3.9050–3.9350/bu+0.05−23–−20¢/BuMay (K)6.3792
Terminal ElevatorsUS #2Delivered3.6475–3.8675/bu+0.06−35–−13¢/BuMarch (H)6.2442
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.