Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-06-03

Feeder Cattle — prices, barns, and planning

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Fed Cattle — the cash market and what quality pays

Fed Cash Today5-Area live & dressed, regional splitfreePacker MarginThe daily per-head numberfreeCarcass Weight WatchWeekly weights vs 5-year bandfreeCattle on FeedMonthly placements & marketings, revisions trackedfreeNegotiated Share TrackerCash vs formula, tracked over yearsfreeWhat Quality PaysWhat packers add and subtract on a carcass gridfree

Beef & Retail — from the box to the grocery shelf

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Feed & Hay — the cost side, cash not futures

Cash Grain Bids30 states of elevator bids, dailyfreeHay Prices19 states + 18 auctions, by qualityfreeBasis MapWhat local corn is worth against the boardfreeFeedstuffs DeskDDGS, soybean meal, mill feedsfree

Cows & Bred Stock — the rebuild market

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Mon, Jun 3
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered11.6050–11.6450/bu+0.21−24–−20¢/BuJuly (N)13.3500
Terminal ElevatorsUS #1Delivered11.0375/bu+0.21−60¢/BuNovember (X)11.3108
Terminal ElevatorsUS #1Delivered11.0375–11.0875/bu—−60–−55¢/BuNovember (X)11.3475
Terminal ElevatorsUS #1Delivered11.5750–11.6150/bu+0.17−27–−23¢/BuJuly (N)13.5500

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.4375/bu+0.06+10¢/BuJuly (N)8.3025
Terminal ElevatorsUS #1Delivered7.6375/bu+0.06+30¢/BuJuly (N)8.4025
Terminal ElevatorsUS #1Delivered7.7375/bu+0.06+40¢/BuJuly (N)8.4025
Delivered Chicago / BeyondUS #1 MillingDelivered8.2375/bu—+90¢/BuJuly (N)9.5525
Delivered Chicago / BeyondUS #1 MillingDelivered8.8375–9.0375/bu+0.34+150–+170¢/BuJuly (N)10.2025
Delivered Chicago / BeyondUS #1 MillingDelivered8.8375/bu+0.06+150¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.0875/bu+0.09+175¢/BuJuly (N)10.0525

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.1975/bu+0.13+45¢/BuJuly (N)3.9300

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.2750–4.2850/bu+0.03−16–−15¢/BuJuly (N)6.0350
Terminal ElevatorsUS #2Delivered4.1275–4.2775/bu+0.04−50–−35¢/BuDecember (Z)4.8867
Terminal ElevatorsUS #2Delivered4.1275–4.3275/bu—−50–−30¢/BuDecember (Z)4.9367
Terminal ElevatorsUS #2Delivered4.2250–4.2850/bu+0.02−21–−15¢/BuJuly (N)6.1017
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.