Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Jul 12
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.0000–11.2000/bu−105–+15¢/BuAugust (Q)14.1575
Terminal ElevatorsUS #1Delivered10.7700–10.9000/bu+0.12−28–−15¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered10.7700–10.8500/bu+0.12−28–−20¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered10.0525–10.1025/bu+0.03−60–−55¢/BuNovember (X)13.0242
Terminal ElevatorsUS #1Delivered10.1025–10.1525/bu+0.08−55–−50¢/BuNovember (X)13.1075
Terminal ElevatorsUS #1Delivered10.7700–10.9500/bu+0.12−28–−10¢/BuAugust (Q)14.7025

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.9750/bu+0.210¢/BuSeptember (U)8.9425
Terminal ElevatorsUS #1Delivered6.1750/bu+0.21+20¢/BuSeptember (U)9.0425
Terminal ElevatorsUS #1Delivered6.2750/bu+0.21+30¢/BuSeptember (U)9.0425
Delivered Chicago / BeyondUS #1 MillingDelivered6.7750/bu+0.41+80¢/BuSeptember (U)10.4425
Delivered Chicago / BeyondUS #1 MillingDelivered7.2250–7.4750/bu+0.26+125–+150¢/BuSeptember (U)10.5425
Delivered Chicago / BeyondUS #1 MillingDelivered7.4750/bu+150¢/BuSeptember (U)10.3425
Delivered Chicago / BeyondUS #1 MillingDelivered7.7750–8.6250/bu+0.21+180–+265¢/BuSeptember (U)10.5925

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.0325/bu+0.04+85¢/BuSeptember (U)4.1450

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8500–3.9700/bu+0.07−17–−5¢/BuSeptember (U)
Terminal ElevatorsUS #2Delivered3.6475–3.8975/bu+0.04−50–−25¢/BuDecember (Z)4.6708
Terminal ElevatorsUS #2Delivered3.6975–3.8975/bu+0.04−45–−25¢/BuDecember (Z)4.7042
Terminal ElevatorsUS #2Delivered3.7600–3.9700/bu+0.02−26–−5¢/BuSeptember (U)5.5983
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.