Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 16
● Bids as filed20 quotesUSDA AMS · slug 3046

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Delivered Chicago / BeyondUS #1 MillingDelivered8.4325/bu+0.62+270¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.8325/bu+0.17+410¢/BuJuly (N)9.1400
Terminal ElevatorsUS #1Delivered5.1325/bu+0.07−60¢/BuJuly (N)7.2150
Terminal ElevatorsUS #1Delivered5.8825/bu+0.07+15¢/BuJuly (N)7.4150
Terminal ElevatorsUS #1Delivered6.2825/bu+0.07+55¢/BuJuly (N)7.5150
Delivered Chicago / BeyondUS #1 MillingDelivered5.6650/bu+0.12+50¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered5.8650/bu+70¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered6.2825/bu+55¢/BuJuly (N)7.9650
Delivered Chicago / BeyondUS #1 MillingDelivered7.4825/bu+175¢/BuJuly (N)8.0150
Delivered Chicago / BeyondUS #1 MillingDelivered8.4825/bu+0.28+275¢/BuJuly (N)8.5150

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.0250/bu+0.03+60¢/BuJuly (N)3.8500

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.0500–10.5000/bu−45–0¢/BuJuly (N)11.7633
Terminal ElevatorsUS #1Delivered10.2000–10.2100/bu+0.01−30–−29¢/BuJuly (N)11.9933
Terminal ElevatorsUS #1Delivered10.2000–10.2300/bu+0.01−30–−27¢/BuJuly (N)12.0400
Terminal ElevatorsUS #1Delivered9.8050–9.8550/bu+0.00−55–−50¢/BuNovember (X)11.4325
Terminal ElevatorsUS #1Delivered10.1500–10.1700/bu+0.01−35–−33¢/BuJuly (N)11.9767

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.1850–4.2050/bu+0.05−25–−23¢/BuJuly (N)4.3217
Terminal ElevatorsUS #2Delivered4.1850–4.2050/bu+0.05−25–−23¢/BuJuly (N)4.3583
Terminal ElevatorsUS #2Delivered3.8550–4.0050/bu+0.03−50–−35¢/BuDecember (Z)4.3150
Terminal ElevatorsUS #2Delivered4.1750–4.1850/bu+0.03−26–−25¢/BuJuly (N)4.2750
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.