Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, May 27
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.3250–10.3350/bu+0.02−30–−29¢/BuJuly (N)12.0283
Terminal ElevatorsUS #1Delivered10.3250–10.3550/bu+0.02−30–−27¢/BuJuly (N)12.0783
Terminal ElevatorsUS #1Delivered9.9575–10.0075/bu+0.00−55–−50¢/BuNovember (X)11.5050
Terminal ElevatorsUS #1Delivered10.2750–10.2950/bu+0.02−35–−33¢/BuJuly (N)12.0150

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.3625/bu+0.10−60¢/BuJuly (N)7.6750
Terminal ElevatorsUS #1Delivered6.1125/bu+0.10+15¢/BuJuly (N)7.8750
Terminal ElevatorsUS #1Delivered6.5125/bu+0.10+55¢/BuJuly (N)7.9750
Delivered Chicago / BeyondUS #1 MillingDelivered7.9625–8.4625/bu+0.00+200–+250¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.9625/bu+0.90+400¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.9625/bu+300¢/BuJuly (N)10.0750

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.1500/bu+0.10+55¢/BuJuly (N)4.2200

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3450–4.3750/bu−25–−22¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered4.3450–4.3850/bu−25–−21¢/BuJuly (N)4.4683
Terminal ElevatorsUS #2Delivered3.9650–4.1150/bu+0.04−50–−35¢/BuDecember (Z)4.4025
Terminal ElevatorsUS #2Delivered4.3450–4.3650/bu−25–−23¢/BuJuly (N)4.3983
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.