Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 3
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.11.2500–12.2000/bu−90–+5¢/BuJuly (N)14.4650
Terminal ElevatorsUS #1Delivered11.9000–11.9500/bu+0.16−25–−20¢/BuJuly (N)14.2583
Terminal ElevatorsUS #1Delivered11.9000–11.9500/bu+0.16−25–−20¢/BuJuly (N)14.2150
Terminal ElevatorsUS #1Delivered11.4100/bu+0.13−60¢/BuNovember (X)12.2633
Terminal ElevatorsUS #1Delivered11.9000–11.9100/bu+0.16−25–−24¢/BuJuly (N)14.2217

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.2450/bu+0.05+10¢/BuJuly (N)8.5100
Terminal ElevatorsUS #1Delivered7.4450/bu+0.05+30¢/BuJuly (N)8.6100
Terminal ElevatorsUS #1Delivered7.5450/bu+0.05+40¢/BuJuly (N)8.6100
Delivered Chicago / BeyondUS #1 MillingDelivered8.6450/bu+0.05+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.8450/bu+0.10+170¢/BuJuly (N)10.1850
Delivered Chicago / BeyondUS #1 MillingDelivered8.8950/bu+0.05+175¢/BuJuly (N)10.7600

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.4225/bu+0.01+55¢/BuJuly (N)3.7900

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.4325–4.4525/bu+0.02−17–−15¢/BuJuly (N)6.0817
Terminal ElevatorsUS #2Delivered4.4325–4.4525/bu+0.02−17–−15¢/BuJuly (N)6.0150
Terminal ElevatorsUS #2Delivered4.3275–4.4775/bu+0.03−50–−35¢/BuDecember (Z)4.8642
Terminal ElevatorsUS #2Delivered4.4525–4.4825/bu+0.01−15–−12¢/BuJuly (N)6.0517
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.