Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 23
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.1525–10.6025/bu−45–0¢/BuJuly (N)11.9633
Terminal ElevatorsUS #1Delivered10.3025–10.3125/bu+0.07−30–−29¢/BuJuly (N)12.2200
Terminal ElevatorsUS #1Delivered10.3025–10.3325/bu+0.07−30–−27¢/BuJuly (N)12.2633
Terminal ElevatorsUS #1Delivered9.9550–10.0050/bu+0.05−55–−50¢/BuNovember (X)11.5950
Terminal ElevatorsUS #1Delivered10.2525–10.2725/bu+0.07−35–−33¢/BuJuly (N)12.2067

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.4650/bu+0.06−60¢/BuJuly (N)7.6275
Terminal ElevatorsUS #1Delivered6.2150/bu+0.06+15¢/BuJuly (N)7.8275
Terminal ElevatorsUS #1Delivered6.6150/bu+0.06+55¢/BuJuly (N)7.9275
Delivered Chicago / BeyondUS #1 MillingDelivered7.8650–7.9650/bu+0.06+180–+190¢/BuJuly (N)8.4775
Delivered Chicago / BeyondUS #1 MillingDelivered7.9650–8.4650/bu+0.54+190–+240¢/BuJuly (N)9.2275
Delivered Chicago / BeyondUS #1 MillingDelivered9.0650–10.1650/bu+0.94+300–+410¢/BuJuly (N)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.0475/bu+0.05+50¢/BuJuly (N)4.2075

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3450–4.3750/bu+0.04−25–−22¢/BuJuly (N)4.4575
Terminal ElevatorsUS #2Delivered4.3450–4.3850/bu+0.04−25–−21¢/BuJuly (N)4.4908
Terminal ElevatorsUS #2Delivered4.0075–4.1575/bu+0.03−50–−35¢/BuDecember (Z)4.4325
Terminal ElevatorsUS #2Delivered4.3450–4.3650/bu+0.04−25–−23¢/BuJuly (N)4.4142
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.