Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Jan 28
● Bids as filed17 quotesUSDA AMS · slug 3046

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Delivered Chicago / BeyondUS #1 MillingDelivered7.4775/bu+0.17+150¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered7.9775/bu+0.62+200¢/BuMarch (H)9.4975
Delivered Chicago / BeyondUS #1 MillingDelivered7.8275/bu+0.37+185¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered7.9775–9.4775/bu+0.68+200–+350¢/BuMarch (H)
Terminal ElevatorsUS #1Delivered5.4775/bu+0.12−50¢/BuMarch (H)7.1475
Terminal ElevatorsUS #1Delivered6.0775/bu+0.12+10¢/BuMarch (H)7.3475
Terminal ElevatorsUS #1Delivered6.4775/bu+0.12+50¢/BuMarch (H)7.4475
Delivered Chicago / BeyondUS #1Delivered6.9775/bu+100¢/BuMarch (H)

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.2350–10.2950/bu+0.01−36–−30¢/BuMay (K)11.9775
Terminal ElevatorsUS #1Delivered10.2550–10.2750/bu+0.01−34–−32¢/BuMay (K)11.9775
Terminal ElevatorsUS #1Delivered10.3825–10.4025/bu+0.02−34–−32¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered10.0300–10.1000/bu+0.02−42–−35¢/BuMarch (H)11.7542

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.9400/bu+0.04+45¢/BuMarch (H)4.3700

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.6600–4.6800/bu+0.04−30–−28¢/BuMay (K)4.3675
Terminal ElevatorsUS #2Delivered4.6800/bu+0.04−28¢/BuMay (K)4.3675
Terminal ElevatorsUS #2Delivered4.7025/bu+0.05−28¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered4.4525–4.5025/bu+0.03−40–−35¢/BuMarch (H)4.2342
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.