Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Mar 1
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.5625–11.3525/bu−95–−16¢/BuMay (K)14.7875
Terminal ElevatorsUS #1Delivered11.2625/bu+0.16−25¢/BuMay (K)14.9508
Terminal ElevatorsUS #1Delivered11.2625/bu+0.16−25¢/BuMay (K)14.9808
Terminal ElevatorsUS #1Delivered11.3125/bu−30¢/BuJuly (N)14.9433
Terminal ElevatorsUS #1Delivered10.9800–11.2125/bu+0.15−45–−30¢/BuMarch (H)14.8375

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.5875/bu+0.15+15¢/BuMay (K)8.8775
Terminal ElevatorsUS #1Delivered6.7875/bu+0.15+35¢/BuMay (K)8.9775
Terminal ElevatorsUS #1Delivered6.8875/bu+0.15+45¢/BuMay (K)8.9775
Delivered Chicago / BeyondUS #1 MillingDelivered8.2375/bu+0.10+180¢/BuMay (K)10.2025
Delivered Chicago / BeyondUS #1 MillingDelivered7.7875/bu+135¢/BuMay (K)10.2275
Delivered Chicago / BeyondUS #1 MillingDelivered9.1375/bu+0.15+270¢/BuMay (K)10.7275

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.3175/bu+0.01+60¢/BuMay (K)3.9675

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.0175–4.0475/bu+0.05−23–−20¢/BuMay (K)6.2908
Terminal ElevatorsUS #2Delivered4.0175–4.0775/bu+0.05−23–−17¢/BuMay (K)6.3108
Terminal ElevatorsUS #2Delivered4.1125–4.1325/bu−25–−23¢/BuJuly (N)6.2500
Terminal ElevatorsUS #2Delivered3.7725–4.0275/bu+0.04−35–−22¢/BuMarch (H)6.1758
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.