Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 8
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.0175–12.0875/bu+0.19−26–−19¢/BuJuly (N)13.9333
Terminal ElevatorsUS #1Delivered12.0775–12.1275/bu+0.19−20–−15¢/BuJuly (N)13.8900
Terminal ElevatorsUS #1Delivered11.5300/bu+0.15−60¢/BuNovember (X)11.9708
Terminal ElevatorsUS #1Delivered11.9675–12.0475/bu+0.19−31–−23¢/BuJuly (N)13.8967

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.1275/bu+0.16+10¢/BuJuly (N)8.6450
Terminal ElevatorsUS #1Delivered7.3275/bu+0.16+30¢/BuJuly (N)8.7450
Terminal ElevatorsUS #1Delivered7.4275/bu+0.16+40¢/BuJuly (N)8.7450
Delivered Chicago / BeyondUS #1 MillingDelivered8.5275–8.7275/bu+0.36+150–+170¢/BuJuly (N)10.0950
Delivered Chicago / BeyondUS #1 MillingDelivered8.4275–8.7275/bu+140–+170¢/BuJuly (N)9.8450
Delivered Chicago / BeyondUS #1 MillingDelivered8.7275–9.1775/bu+0.71+170–+215¢/BuJuly (N)10.3450

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.3750/bu+0.02+40¢/BuJuly (N)3.8750

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3950–4.4350/bu+0.11−19–−15¢/BuJuly (N)6.0567
Terminal ElevatorsUS #2Delivered4.3950–4.4350/bu+0.11−19–−15¢/BuJuly (N)5.9900
Terminal ElevatorsUS #2Delivered4.3125–4.4625/bu+0.07−50–−35¢/BuDecember (Z)4.7242
Terminal ElevatorsUS #2Delivered4.3850–4.4150/bu+0.12−20–−17¢/BuJuly (N)6.0267
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.