Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 14
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.4775–10.5075/bu+0.05−30–−27¢/BuJuly (N)11.8550
Terminal ElevatorsUS #1Delivered10.4775–10.5075/bu+0.05−30–−27¢/BuJuly (N)11.8983
Terminal ElevatorsUS #1Delivered10.0625–10.1125/bu+0.02−55–−50¢/BuNovember (X)11.4100
Terminal ElevatorsUS #1Delivered10.4275/bu+0.05−35¢/BuJuly (N)11.8317

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.1700/bu+0.04−60¢/BuJuly (N)7.3700
Terminal ElevatorsUS #1Delivered5.9200/bu+0.04+15¢/BuJuly (N)7.5700
Terminal ElevatorsUS #1Delivered6.3200/bu+0.04+55¢/BuJuly (N)7.6700
Delivered Chicago / BeyondUS #1Delivered6.3700–6.9700/bu+60–+120¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered5.7300/bu+50¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered5.7800/bu+0.11+55¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.2700/bu+0.04+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.7700/bu+200¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.0200–8.2700/bu+0.19+225–+250¢/BuJuly (N)8.8700
Delivered Chicago / BeyondUS #1 MillingDelivered8.2700–8.7700/bu+250–+300¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.7700/bu+0.21+400¢/BuJuly (N)9.5700

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.9875/bu+0.03+60¢/BuJuly (N)4.1775

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.2050–4.2250/bu+0.03−25–−23¢/BuJuly (N)4.4217
Terminal ElevatorsUS #2Delivered4.2250/bu+0.05−23¢/BuJuly (N)4.4583
Terminal ElevatorsUS #2Delivered3.9050–4.0550/bu+0.01−50–−35¢/BuDecember (Z)4.4200
Terminal ElevatorsUS #2Delivered4.1750–4.2050/bu+0.05−28–−25¢/BuJuly (N)4.3750
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.