Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, May 23
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered12.1125–12.1325/bu+0.07−28–−26¢/BuJuly (N)13.1267
Terminal ElevatorsUS #1Delivered12.1625/bu+0.07−23¢/BuJuly (N)13.0733
Terminal ElevatorsUS #1Delivered11.5600/bu+0.02−60¢/BuNovember (X)11.1525
Terminal ElevatorsUS #1Delivered12.0925–12.1325/bu+0.07−30–−26¢/BuJuly (N)13.0833

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.5400/bu+0.08+10¢/BuJuly (N)8.1550
Terminal ElevatorsUS #1Delivered7.7400/bu+0.08+30¢/BuJuly (N)8.2550
Terminal ElevatorsUS #1Delivered7.8400/bu+0.08+40¢/BuJuly (N)8.2550
Delivered Chicago / BeyondUS #1 MillingDelivered8.3400–8.4400/bu+90–+100¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.1400/bu+0.28+170¢/BuJuly (N)9.6800
Delivered Chicago / BeyondUS #1 MillingDelivered8.6400/bu+120¢/BuJuly (N)9.3550
Delivered Chicago / BeyondUS #1 MillingDelivered9.9400/bu+0.28+250¢/BuJuly (N)10.2550

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.9450/bu+0.03+25¢/BuJuly (N)3.8600

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.4300–4.4900/bu+0.04−21–−15¢/BuJuly (N)5.9675
Terminal ElevatorsUS #2Delivered4.4700–4.4900/bu+0.03−17–−15¢/BuJuly (N)5.9508
Terminal ElevatorsUS #2Delivered4.3650–4.5150/bu+0.03−50–−35¢/BuDecember (Z)4.6767
Terminal ElevatorsUS #2Delivered4.3600–4.4900/bu+0.03−28–−15¢/BuJuly (N)5.9508
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.