Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-05-02

Feeder Cattle — prices, barns, and planning

The Feeder BoardNational weight ladder, every weight classfreeState & Region LaddersEvery state, every weightfreeFind Your BarnEvery USDA-reported market, every salefreeSale ReportsClean report pages replacing USDA PDFsfreeState Auction SummariesUSDA's statewide view, 30 statesfreeWhat Are My Calves Worth?Weight + sex + state → today's moneyfreeThe Forward CurveFall prices trading today, by regionproVideo & Internet SalesSuperior, Western Video and morefreeBoard SalesForward feeder trade, by delivery monthfree

Fed Cattle — the cash market and what quality pays

Fed Cash Today5-Area live & dressed, regional splitfreePacker MarginThe daily per-head numberfreeCarcass Weight WatchWeekly weights vs 5-year bandfreeCattle on FeedMonthly placements & marketings, revisions trackedfreeNegotiated Share TrackerCash vs formula, tracked over yearsfreeWhat Quality PaysWhat packers add and subtract on a carcass gridfree

Beef & Retail — from the box to the grocery shelf

Boxed Beef DailyChoice, Select, the spreadfreePrimal ValuesRib to flank, what's pulling the cutoutfreeWhat the Label Is WorthGrass-fed and organic vs conventional, by cutfreeThe 84-Cut LadderEvery cut USDA tracks, dailyproWho Gets WhatEvery segment’s share of the beef dollarfreeImported Lean MarketThe 90s trade that moves cull cowsSoon

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

Cull Cow & Bull PricesDaily national, by class and regionfreeCow CutoutWhat the grinding beef is worth, dailyfreeBred Cows & PairsBy stage, age, and statefree

More

Latest ReportsEvery USDA release as it publishesfreeReport ArchiveWhat USDA published on any datefreeThe Morning WireDaily brief from every fresh reportfreeRecords BookAll-time highs, and where today sitsfreeCattle on FeedMonthly, with revisions trackedfreeThe BordersMexico & Canada flows and pricesproDrought & Forced SellingHow much of the herd is dry, and what it costsfreeAlertsYour barn, your class, your thresholdSoon

Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, May 2
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered11.7400–11.7900/bu+0.31−25–−20¢/BuJuly (N)14.0708
Terminal ElevatorsUS #1Delivered11.7400–11.7900/bu+0.31−25–−20¢/BuJuly (N)14.0275
Terminal ElevatorsUS #1Delivered11.2775/bu+0.23−60¢/BuNovember (X)12.1483
Terminal ElevatorsUS #1Delivered11.7400–11.7500/bu+0.31−25–−24¢/BuJuly (N)14.0342

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.1925/bu+0.07+10¢/BuJuly (N)8.2700
Terminal ElevatorsUS #1Delivered7.3925/bu+0.07+30¢/BuJuly (N)8.3700
Terminal ElevatorsUS #1Delivered7.4925/bu+0.07+40¢/BuJuly (N)8.3700
Delivered Chicago / BeyondUS #1 MillingDelivered8.5925/bu—+150¢/BuJuly (N)9.2200
Delivered Chicago / BeyondUS #1 MillingDelivered8.7425/bu+0.12+165¢/BuJuly (N)9.8700
Delivered Chicago / BeyondUS #1 MillingDelivered8.8425/bu+0.18+175¢/BuJuly (N)10.5200

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.4150/bu+0.09+55¢/BuJuly (N)3.6900

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.4475/bu+0.11−15¢/BuJuly (N)6.0067
Terminal ElevatorsUS #2Delivered4.4475/bu+0.09−15¢/BuJuly (N)5.9300
Terminal ElevatorsUS #2Delivered4.2950–4.4450/bu+0.07−50–−35¢/BuDecember (Z)4.8017
Terminal ElevatorsUS #2Delivered4.4475–4.4775/bu+0.10−15–−12¢/BuJuly (N)5.9667
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.