Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 22
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.1825–12.2025/bu+0.12−28–−26¢/BuJuly (N)13.1317
Terminal ElevatorsUS #1Delivered12.2325/bu+0.12−23¢/BuJuly (N)13.0783
Terminal ElevatorsUS #1Delivered11.5825/bu+0.05−60¢/BuNovember (X)11.2800
Terminal ElevatorsUS #1Delivered12.1625–12.2025/bu+0.15−30–−26¢/BuJuly (N)13.0883

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.4650/bu+0.02+10¢/BuJuly (N)8.0900
Terminal ElevatorsUS #1Delivered7.6650/bu+0.02+30¢/BuJuly (N)8.1900
Terminal ElevatorsUS #1Delivered7.7650/bu+0.02+40¢/BuJuly (N)8.1900
Delivered Chicago / BeyondUS #1 MillingDelivered8.2650–8.3650/bu+0.02+90–+100¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.8650–9.0650/bu+0.33+150–+170¢/BuJuly (N)9.6900
Delivered Chicago / BeyondUS #1 MillingDelivered9.6650–9.7650/bu+0.48+230–+240¢/BuJuly (N)10.0900

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.9125/bu+0.04+25¢/BuJuly (N)3.7975

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3925–4.4625/bu+0.04−22–−15¢/BuJuly (N)5.9325
Terminal ElevatorsUS #2Delivered4.4425–4.4625/bu+0.03−17–−15¢/BuJuly (N)5.9158
Terminal ElevatorsUS #2Delivered4.3400–4.4900/bu+0.02−50–−35¢/BuDecember (Z)4.7167
Terminal ElevatorsUS #2Delivered4.3325–4.4625/bu+0.07−28–−15¢/BuJuly (N)5.9158
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.