Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 11
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.5050–10.0050/bu−55–−5¢/BuNovember (X)12.5358
Terminal ElevatorsUS #1Delivered9.5550–9.6550/bu+0.04−50–−40¢/BuNovember (X)12.3458
Terminal ElevatorsUS #1Delivered10.0925–10.2225/bu+0.12−40–−27¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.5050–9.5550/bu+0.09−55–−50¢/BuNovember (X)12.3358

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.9375/bu+0.07−50¢/BuDecember (Z)6.3200
Terminal ElevatorsUS #1Delivered6.5375/bu+0.07+10¢/BuDecember (Z)6.5200
Terminal ElevatorsUS #1Delivered6.9375/bu+0.07+50¢/BuDecember (Z)6.6200
Delivered Chicago / BeyondUS #1 MillingDelivered6.9375/bu+50¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.6875/bu+0.32+125¢/BuDecember (Z)8.6200
Delivered Chicago / BeyondUS #1 MillingDelivered8.9375/bu+0.07+250¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered8.9375/bu+0.27+250¢/BuDecember (Z)8.4200
Delivered Chicago / BeyondUS #1 MillingDelivered9.4375–10.4375/bu+1.07+300–+400¢/BuDecember (Z)9.7200

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.0975/bu+0.04+30¢/BuDecember (Z)4.2325

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.7075–4.0175/bu+0.03−45–−14¢/BuDecember (Z)4.6158
Terminal ElevatorsUS #2Delivered4.1175–4.2175/bu+0.03−30–−20¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.6075–3.7575/bu+0.03−55–−40¢/BuDecember (Z)4.5992
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.