Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 4
● Bids as filed14 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.7275–10.2275/bu−65–−15¢/BuNovember (X)12.3767
Terminal ElevatorsUS #1Delivered9.8275–9.9775/bu+0.08−55–−40¢/BuNovember (X)12.1767
Terminal ElevatorsUS #1Delivered10.4550–10.5850/bu+0.08−40–−27¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.6275–9.8775/bu+0.08−75–−50¢/BuNovember (X)12.0767

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.8850/bu+0.08−50¢/BuDecember (Z)6.3050
Terminal ElevatorsUS #1Delivered6.4850/bu+0.08+10¢/BuDecember (Z)6.5050
Terminal ElevatorsUS #1Delivered6.8850/bu+0.08+50¢/BuDecember (Z)6.6050
Delivered Chicago / BeyondUS #1 MillingDelivered7.3850/bu+100¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered8.8850–9.0850/bu+0.28+250–+270¢/BuDecember (Z)8.7050
Delivered Chicago / BeyondUS #1 MillingDelivered9.9350–10.8850/bu+1.03+355–+450¢/BuDecember (Z)9.7050

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.1825/bu+0.05+30¢/BuDecember (Z)4.4875

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.7975–4.0675/bu+0.04−45–−18¢/BuDecember (Z)4.6033
Terminal ElevatorsUS #2Delivered4.2050–4.3050/bu+0.05−30–−20¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.6975–3.9475/bu+0.04−55–−30¢/BuDecember (Z)4.5867
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.