Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Jun 4
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered11.5500–11.5900/bu+0.06−24–−20¢/BuJuly (N)13.4325
Terminal ElevatorsUS #1Delivered10.9600/bu+0.08−60¢/BuNovember (X)11.3608
Terminal ElevatorsUS #1Delivered10.9600–11.0100/bu+0.08−60–−55¢/BuNovember (X)11.3975
Terminal ElevatorsUS #1Delivered11.4400–11.5600/bu+0.14−35–−23¢/BuJuly (N)13.6325

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered7.3350/bu+0.10+10¢/BuJuly (N)8.2650
Terminal ElevatorsUS #1Delivered7.5350/bu+0.10+30¢/BuJuly (N)8.3650
Terminal ElevatorsUS #1Delivered7.6350/bu+0.10+40¢/BuJuly (N)8.3650
Delivered Chicago / BeyondUS #1 MillingDelivered8.1350/bu+0.10+90¢/BuJuly (N)9.5150
Delivered Chicago / BeyondUS #1 MillingDelivered8.9350/bu+0.10+170¢/BuJuly (N)10.3150
Delivered Chicago / BeyondUS #1 MillingDelivered9.6350/bu+0.55+240¢/BuJuly (N)10.0400

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.1050/bu+0.09+45¢/BuJuly (N)3.9675

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.2650–4.3050/bu+0.01−16–−12¢/BuJuly (N)6.1400
Terminal ElevatorsUS #2Delivered4.1200–4.2700/bu+0.01−50–−35¢/BuDecember (Z)4.9267
Terminal ElevatorsUS #2Delivered4.1200–4.3200/bu+0.01−50–−30¢/BuDecember (Z)4.9767
Terminal ElevatorsUS #2Delivered4.1250–4.3050/bu+0.10−30–−12¢/BuJuly (N)6.1567
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.