Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, May 22
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.3750–10.3850/bu+0.05−30–−29¢/BuJuly (N)12.1258
Terminal ElevatorsUS #1Delivered10.3750–10.4050/bu+0.05−30–−27¢/BuJuly (N)12.1625
Terminal ElevatorsUS #1Delivered10.0025–10.0525/bu+0.03−55–−50¢/BuNovember (X)11.5600
Terminal ElevatorsUS #1Delivered10.3250–10.3450/bu+0.05−35–−33¢/BuJuly (N)12.1125

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.4025/bu+0.04−60¢/BuJuly (N)7.5400
Terminal ElevatorsUS #1Delivered6.1525/bu+0.04+15¢/BuJuly (N)7.7400
Terminal ElevatorsUS #1Delivered6.5525/bu+0.04+55¢/BuJuly (N)7.8400
Delivered Chicago / BeyondUS #1Delivered8.4025/bu+240¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered6.4025–6.5025/bu+40–+50¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.8025–7.9025/bu+0.04+180–+190¢/BuJuly (N)8.3900
Delivered Chicago / BeyondUS #1 MillingDelivered8.5025/bu+0.06+250¢/BuJuly (N)9.1400
Delivered Chicago / BeyondUS #1 MillingDelivered9.0025/bu+0.04+300¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered10.0025/bu+0.04+400¢/BuJuly (N)9.9400

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.0925/bu+0.00+50¢/BuJuly (N)3.9450

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3800–4.4100/bu+0.02−25–−22¢/BuJuly (N)4.4500
Terminal ElevatorsUS #2Delivered4.3800–4.4200/bu+0.02−25–−21¢/BuJuly (N)4.4767
Terminal ElevatorsUS #2Delivered4.0325–4.1825/bu+0.02−50–−35¢/BuDecember (Z)4.4150
Terminal ElevatorsUS #2Delivered4.3800–4.4000/bu+0.03−25–−23¢/BuJuly (N)4.4067
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.