Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-02-28

Feeder Cattle — prices, barns, and planning

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Fed Cattle — the cash market and what quality pays

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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, Feb 28
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered10.8900–11.0900/bu+0.03−45–−25¢/BuMarch (H)—
Terminal ElevatorsUS #1Delivered11.1525/bu+0.05−30¢/BuMay (K)14.7058
Terminal ElevatorsUS #1Delivered11.1525/bu+0.05−30¢/BuMay (K)14.7358
Terminal ElevatorsUS #1Delivered10.8900–11.0725/bu+0.03−45–−38¢/BuMarch (H)14.5925

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered6.6675/bu+0.07+15¢/BuMarch (H)8.7850
Terminal ElevatorsUS #1Delivered6.8675/bu+0.07+35¢/BuMarch (H)8.8850
Terminal ElevatorsUS #1Delivered6.9675/bu+0.07+45¢/BuMarch (H)8.8850
Delivered Chicago / BeyondUS #1 MillingDelivered7.3100/bu+0.05+150¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.1600/bu+0.06+160¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.3100/bu+0.08+175¢/BuMay (K)10.4350
Delivered Chicago / BeyondUS #1 MillingDelivered8.3100/bu—+175¢/BuMay (K)9.9350

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.2850/bu+0.03+60¢/BuMay (K)4.0050

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered3.7825–4.0625/bu+0.05−35–−7¢/BuMarch (H)—
Terminal ElevatorsUS #2Delivered4.0550–4.0850/bu+0.05−23–−20¢/BuMay (K)6.2242
Terminal ElevatorsUS #2Delivered4.0550–4.1150/bu+0.05−23–−17¢/BuMay (K)6.2442
Terminal ElevatorsUS #2Delivered3.7825–4.0425/bu+0.05−35–−9¢/BuMarch (H)6.1233
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.