Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 21
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.3275–10.3375/bu+0.10−30–−29¢/BuJuly (N)12.1892
Terminal ElevatorsUS #1Delivered10.3275–10.3575/bu+0.10−30–−27¢/BuJuly (N)12.2325
Terminal ElevatorsUS #1Delivered9.9725–10.0225/bu+0.11−55–−50¢/BuNovember (X)11.5825
Terminal ElevatorsUS #1Delivered10.2775–10.2975/bu+0.10−35–−33¢/BuJuly (N)12.1825

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.4425/bu+0.07−60¢/BuJuly (N)7.4650
Terminal ElevatorsUS #1Delivered6.1925/bu+0.07+15¢/BuJuly (N)7.6650
Terminal ElevatorsUS #1Delivered6.5925/bu+0.07+55¢/BuJuly (N)7.7650
Delivered Chicago / BeyondUS #1 MillingDelivered7.8425–7.9425/bu+180–+190¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.4425/bu+0.04+240¢/BuJuly (N)8.9650
Delivered Chicago / BeyondUS #1 MillingDelivered9.0425/bu+0.07+300¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered10.0425–10.1425/bu+1.22+400–+410¢/BuJuly (N)9.7150

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.0950/bu+0.03+50¢/BuJuly (N)3.9125

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3600–4.3800/bu+0.07−25–−23¢/BuJuly (N)4.4192
Terminal ElevatorsUS #2Delivered4.3600–4.3800/bu+0.07−25–−23¢/BuJuly (N)4.4492
Terminal ElevatorsUS #2Delivered4.0550–4.2050/bu+0.07−50–−35¢/BuDecember (Z)4.3900
Terminal ElevatorsUS #2Delivered4.3500–4.3600/bu+0.07−26–−25¢/BuJuly (N)4.3758
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.