Cash grain bids / Minnesota / Minneapolis Daily Grain Report / 2024-06-12

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Fed Cattle — the cash market and what quality pays

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Feed & Hay — the cost side, cash not futures

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Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Jun 12
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered11.5525–11.5725/bu+0.01−22–−20¢/BuJuly (N)13.7658
Terminal ElevatorsUS #1Delivered10.8725/bu+0.04−60¢/BuNovember (X)11.9133
Terminal ElevatorsUS #1Delivered10.8725–10.9225/bu+0.04−60–−55¢/BuNovember (X)11.9500
Terminal ElevatorsUS #1Delivered11.4225–11.5425/bu+0.01−35–−23¢/BuJuly (N)13.8058

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered6.7825/bu+0.11+10¢/BuJuly (N)8.1925
Terminal ElevatorsUS #1Delivered6.9825/bu+0.11+30¢/BuJuly (N)8.2925
Terminal ElevatorsUS #1Delivered7.0825/bu+0.11+40¢/BuJuly (N)8.2925
Delivered Chicago / BeyondUS #1Delivered7.9825/bu—+130¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.6725/bu+0.18+130¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.7225/bu—+135¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.6825–7.9325/bu—+100–+125¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.9825/bu—+130¢/BuJuly (N)9.6175
Delivered Chicago / BeyondUS #1 MillingDelivered8.2825–8.3825/bu+0.21+160–+170¢/BuJuly (N)9.8175
Delivered Chicago / BeyondUS #1 MillingDelivered8.2325/bu—+155¢/BuJuly (N)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.4325–8.9825/bu+0.26+175–+230¢/BuJuly (N)10.3925

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.0075/bu+0.03+70¢/BuJuly (N)4.2425

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.3825–4.4225/bu+0.05−16–−12¢/BuJuly (N)6.0108
Terminal ElevatorsUS #2Delivered4.1875–4.3375/bu+0.04−50–−35¢/BuDecember (Z)5.0092
Terminal ElevatorsUS #2Delivered4.1875–4.3875/bu+0.04−50–−30¢/BuDecember (Z)5.0592
Terminal ElevatorsUS #2Delivered4.2425–4.4225/bu+0.05−30–−12¢/BuJuly (N)6.1108
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.