Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Oct 16
● Bids as filed13 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered9.3500–9.4200/bu+0.11−45–−38¢/BuNovember (X)12.6533
Terminal ElevatorsUS #1Delivered9.8200–9.9500/bu+0.09−40–−27¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.3000–9.3500/bu+0.06−50–−45¢/BuNovember (X)12.6433

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.7075/bu+0.05−50¢/BuDecember (Z)6.4350
Terminal ElevatorsUS #1Delivered6.3075/bu+0.05+10¢/BuDecember (Z)6.6350
Terminal ElevatorsUS #1Delivered6.7075/bu+0.05+50¢/BuDecember (Z)6.7350
Delivered Chicago / BeyondUS #1 MillingDelivered8.7075/bu+0.30+250¢/BuDecember (Z)8.9850
Delivered Chicago / BeyondUS #1 MillingDelivered8.7075/bu+0.05+250¢/BuDecember (Z)8.8350
Delivered Chicago / BeyondUS #1 MillingDelivered9.9575–10.2075/bu+0.05+375–+400¢/BuDecember (Z)9.8850

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.2400/bu+0.02+45¢/BuDecember (Z)4.0600

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.6475–3.8675/bu+0.04−40–−18¢/BuDecember (Z)4.6200
Terminal ElevatorsUS #2Delivered3.9875–4.0875/bu+0.03−30–−20¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.5975–3.7475/bu+0.04−45–−30¢/BuDecember (Z)4.6033
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.