Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 7
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.0925–10.1225/bu+0.02−30–−27¢/BuJuly (N)12.0542
Terminal ElevatorsUS #1Delivered10.0925–10.1225/bu+0.02−30–−27¢/BuJuly (N)12.0975
Terminal ElevatorsUS #1Delivered9.6700–9.7200/bu+0.03−55–−50¢/BuNovember (X)11.5300
Terminal ElevatorsUS #1Delivered10.0425/bu+0.02−35¢/BuJuly (N)12.0142

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.4300/bu+0.08−60¢/BuJuly (N)7.1275
Terminal ElevatorsUS #1Delivered6.1800/bu+0.08+15¢/BuJuly (N)7.3275
Terminal ElevatorsUS #1Delivered6.5800/bu+0.08+55¢/BuJuly (N)7.4275
Delivered Chicago / BeyondUS #1Delivered6.7300/bu+70¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered5.8950/bu+0.09+60¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.7300/bu+0.08+170¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.8300/bu+0.03+180¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.7300/bu+170¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.3800/bu+0.38+235¢/BuJuly (N)8.6275
Delivered Chicago / BeyondUS #1 MillingDelivered8.5300–8.7800/bu+0.08+250–+275¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.5300–10.3300/bu+0.58+350–+430¢/BuJuly (N)8.9525

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.1125/bu+0.01+65¢/BuJuly (N)4.3750

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.2425/bu+0.06−25¢/BuJuly (N)4.4150
Terminal ElevatorsUS #2Delivered4.2425–4.2625/bu+0.06−25–−23¢/BuJuly (N)4.4150
Terminal ElevatorsUS #2Delivered3.9075–4.0575/bu+0.01−50–−35¢/BuDecember (Z)4.3625
Terminal ElevatorsUS #2Delivered4.1925/bu+0.06−30¢/BuJuly (N)4.3983
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.