Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-03-12

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Feed & Hay — the cost side, cash not futures

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Mar 12
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered11.7100–11.7300/bu+0.17−25–−23¢/BuMay (K)14.7275
Terminal ElevatorsUS #1Delivered11.7100–11.7500/bu+0.17−25–−21¢/BuMay (K)14.7408
Terminal ElevatorsUS #1Delivered11.7850/bu+0.17−30¢/BuJuly (N)14.7242
Terminal ElevatorsUS #1Delivered11.6600–11.6700/bu+0.32−30–−29¢/BuMay (K)14.6208

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered6.8700/bu+0.02+15¢/BuMay (K)8.6500
Terminal ElevatorsUS #1Delivered7.0700/bu+0.02+35¢/BuMay (K)8.7500
Terminal ElevatorsUS #1Delivered7.1700/bu+0.02+45¢/BuMay (K)8.7500
Delivered Chicago / BeyondUS #1Delivered7.9700/bu+0.32+125¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.4700/bu+0.02+175¢/BuMay (K)9.5500
Delivered Chicago / BeyondUS #1 MillingDelivered8.7200/bu—+200¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.4700/bu+0.02+275¢/BuMay (K)—

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.3775/bu+0.02+65¢/BuMay (K)4.1400

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.1875–4.2175/bu—−23–−20¢/BuMay (K)6.1142
Terminal ElevatorsUS #2Delivered4.1875–4.2475/bu—−23–−17¢/BuMay (K)6.1342
Terminal ElevatorsUS #2Delivered4.2875–4.3075/bu—−25–−23¢/BuJuly (N)6.0742
Terminal ElevatorsUS #2Delivered4.0675–4.1775/bu—−35–−24¢/BuMay (K)6.0175
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.