Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 18
● Bids as filed17 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.3000–9.8500/bu−40–+15¢/BuNovember (X)12.9225
Terminal ElevatorsUS #1Delivered9.3500/bu+0.16−35¢/BuNovember (X)12.6725
Terminal ElevatorsUS #1Delivered9.7100–9.8400/bu+0.13−40–−27¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.3000–9.3500/bu+0.14−40–−35¢/BuNovember (X)12.6725

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.6650/bu+0.12−50¢/BuDecember (Z)6.4075
Terminal ElevatorsUS #1Delivered6.2650/bu+0.12+10¢/BuDecember (Z)6.6075
Terminal ElevatorsUS #1Delivered6.6650/bu+0.12+50¢/BuDecember (Z)6.7075
Delivered Chicago / BeyondUS #1 MillingDelivered6.8650/bu+70¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.9650/bu+80¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.6650/bu+150¢/BuDecember (Z)8.6825
Delivered Chicago / BeyondUS #1 MillingDelivered8.6650/bu+0.07+250¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered8.2150–8.5150/bu+205–+235¢/BuDecember (Z)8.8075
Delivered Chicago / BeyondUS #1 MillingDelivered9.6650–10.1650/bu+0.58+350–+400¢/BuDecember (Z)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.2750/bu+0.06+45¢/BuDecember (Z)4.1750

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.6475–3.8475/bu+0.02−40–−20¢/BuDecember (Z)4.6883
Terminal ElevatorsUS #2Delivered3.9650–4.0650/bu+0.02−30–−20¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.5975–3.7975/bu+0.02−45–−25¢/BuDecember (Z)4.7217
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.