Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, Jan 16
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered9.9650–10.0150/bu+0.24−35–−30¢/BuMay (K)11.9425
Terminal ElevatorsUS #1Delivered9.9650–10.0150/bu+0.24−35–−30¢/BuMay (K)11.9425
Terminal ElevatorsUS #1Delivered10.0775–10.1275/bu+0.23−35–−30¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered9.7900–9.8400/bu+0.24−40–−35¢/BuMarch (H)11.6583

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.3150/bu+0.06−50¢/BuMarch (H)6.8800
Terminal ElevatorsUS #1Delivered5.9150/bu+0.06+10¢/BuMarch (H)7.0800
Terminal ElevatorsUS #1Delivered6.3150/bu+0.06+50¢/BuMarch (H)7.1800
Delivered Chicago / BeyondUS #1 MillingDelivered7.2150/bu+140¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered7.4150–8.0150/bu+0.66+160–+220¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered7.8150/bu+0.06+200¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered9.1150–9.3150/bu+0.74+330–+350¢/BuMarch (H)9.9300

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.2775/bu+78¢/BuMarch (H)4.5175

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.5300–4.5600/bu+0.05−30–−27¢/BuMay (K)4.3167
Terminal ElevatorsUS #2Delivered4.5300–4.5600/bu+0.05−30–−27¢/BuMay (K)4.3167
Terminal ElevatorsUS #2Delivered4.5600–4.5900/bu+0.06−30–−27¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered4.3450–4.3950/bu+0.04−40–−35¢/BuMarch (H)4.1067
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.