Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-05-07

Feeder Cattle — prices, barns, and planning

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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

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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 · Tue, May 7
● Bids as filed14 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered12.2050–12.2750/bu+0.03−26–−19¢/BuJuly (N)14.0358
Terminal ElevatorsUS #1Delivered12.2650–12.2750/bu+0.02−20–−19¢/BuJuly (N)13.9925
Terminal ElevatorsUS #1Delivered11.6800/bu+0.08−60¢/BuNovember (X)12.0083
Terminal ElevatorsUS #1Delivered12.1550–12.2450/bu+0.08−31–−22¢/BuJuly (N)13.9992

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.2900/bu+0.07+10¢/BuJuly (N)8.6275
Terminal ElevatorsUS #1Delivered7.4900/bu+0.07+30¢/BuJuly (N)8.7275
Terminal ElevatorsUS #1Delivered7.5900/bu+0.07+40¢/BuJuly (N)8.7275
Delivered Chicago / BeyondUS #1 MillingDelivered8.8900–8.9900/bu+0.04+170–+180¢/BuJuly (N)10.4775
Delivered Chicago / BeyondUS #1 MillingDelivered9.4400/bu—+225¢/BuJuly (N)10.5025

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.3950/bu+0.03+40¢/BuJuly (N)3.8725

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.5000–4.5200/bu+0.02−17–−15¢/BuJuly (N)5.9642
Terminal ElevatorsUS #2Delivered4.5000–4.5200/bu+0.02−17–−15¢/BuJuly (N)5.8975
Terminal ElevatorsUS #2Delivered4.3850–4.5350/bu—−50–−35¢/BuDecember (Z)4.6992
Terminal ElevatorsUS #2Delivered4.5000–4.5200/bu+0.02−17–−15¢/BuJuly (N)5.9342
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.