Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-05-24

Feeder Cattle — prices, barns, and planning

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Fed Cattle — the cash market and what quality pays

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Beef & Retail — from the box to the grocery shelf

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Feed & Hay — the cost side, cash not futures

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Cows & Bred Stock — the rebuild market

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 24
● Bids as filed17 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Mills and ProcessorsUS #1F.O.B.11.4300–12.2300/bu—−105–−25¢/BuJuly (N)13.4183
Terminal ElevatorsUS #1Delivered12.2200/bu+0.11−26¢/BuJuly (N)13.2892
Terminal ElevatorsUS #1Delivered12.2500–12.2700/bu+0.09−23–−21¢/BuJuly (N)13.2058
Terminal ElevatorsUS #1Delivered11.5950/bu+0.04−60¢/BuNovember (X)11.3250
Terminal ElevatorsUS #1Delivered12.2000–12.2200/bu+0.11−28–−26¢/BuJuly (N)13.2558

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.6275/bu+0.09+10¢/BuJuly (N)8.2800
Terminal ElevatorsUS #1Delivered7.8275/bu+0.09+30¢/BuJuly (N)8.3800
Terminal ElevatorsUS #1Delivered7.9275/bu+0.09+40¢/BuJuly (N)8.3800
Delivered Chicago / BeyondUS #1 MillingDelivered8.4275–8.5275/bu+0.09+90–+100¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.2275/bu+0.09+170¢/BuJuly (N)9.9800
Delivered Chicago / BeyondUS #1 MillingDelivered8.7275/bu—+120¢/BuJuly (N)9.4800
Delivered Chicago / BeyondUS #1 MillingDelivered10.0275/bu—+250¢/BuJuly (N)—

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.2075/bu+0.26+45¢/BuJuly (N)3.9350

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.4375–4.4975/bu+0.01−21–−15¢/BuJuly (N)6.1000
Terminal ElevatorsUS #2Delivered4.4875–4.4975/bu+0.02−16–−15¢/BuJuly (N)6.0833
Terminal ElevatorsUS #2Delivered4.3825–4.5325/bu+0.02−50–−35¢/BuDecember (Z)4.8617
Terminal ElevatorsUS #2Delivered4.3675–4.4975/bu+0.01−28–−15¢/BuJuly (N)6.0833
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.