Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-05-31

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 31
● Bids as filed19 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Mills and ProcessorsUS #1F.O.B.11.0000–11.8000/bu—−105–−25¢/BuJuly (N)13.4917
Terminal ElevatorsUS #1Delivered11.7800–11.8200/bu+0.04−27–−23¢/BuJuly (N)—
Terminal ElevatorsUS #1Delivered11.8100–11.8500/bu+0.04−24–−20¢/BuJuly (N)13.3750
Terminal ElevatorsUS #1Delivered11.2450/bu+0.06−60¢/BuNovember (X)11.3008
Terminal ElevatorsUS #1Delivered11.7400–11.7900/bu+0.04−31–−26¢/BuJuly (N)13.5750

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.4975/bu+0.02+10¢/BuJuly (N)8.1775
Terminal ElevatorsUS #1Delivered7.6975/bu+0.02+30¢/BuJuly (N)8.2775
Terminal ElevatorsUS #1Delivered7.7975/bu+0.02+40¢/BuJuly (N)8.2775
Delivered Chicago / BeyondUS #1 MillingDelivered8.2375/bu+0.01+115¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.0975/bu—+70¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.2975/bu+0.05+90¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.4975–9.0975/bu+0.02+110–+170¢/BuJuly (N)10.0775
Delivered Chicago / BeyondUS #1 MillingDelivered8.8975/bu+0.02+150¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.9975–9.7975/bu+0.02+160–+240¢/BuJuly (N)10.4775

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.3250/bu+0.02+45¢/BuJuly (N)3.8750

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.2725–4.3125/bu—−19–−15¢/BuJuly (N)—
Terminal ElevatorsUS #2Delivered4.3025–4.3125/bu+0.03−16–−15¢/BuJuly (N)6.2100
Terminal ElevatorsUS #2Delivered4.1700–4.3200/bu+0.04−50–−35¢/BuDecember (Z)4.9292
Terminal ElevatorsUS #2Delivered4.2025–4.3125/bu+0.03−26–−15¢/BuJuly (N)6.2300
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.