Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, May 28
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.1850–10.2150/bu+0.14−30–−27¢/BuJuly (N)11.8833
Terminal ElevatorsUS #1Delivered10.1850–10.2350/bu+0.14−30–−25¢/BuJuly (N)11.9233
Terminal ElevatorsUS #1Delivered9.8250–9.8750/bu+0.13−55–−50¢/BuNovember (X)11.3675
Terminal ElevatorsUS #1Delivered10.1350–10.1550/bu+0.14−35–−33¢/BuJuly (N)11.8467

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.4325/bu+0.07−60¢/BuJuly (N)7.6200
Terminal ElevatorsUS #1Delivered6.1825/bu+0.07+15¢/BuJuly (N)7.8200
Terminal ElevatorsUS #1Delivered6.5825/bu+0.07+55¢/BuJuly (N)7.9200
Delivered Chicago / BeyondUS #1 MillingDelivered6.0025/bu+75¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.4325/bu+140¢/BuJuly (N)8.2200
Delivered Chicago / BeyondUS #1 MillingDelivered7.6825/bu+165¢/BuJuly (N)8.4700
Delivered Chicago / BeyondUS #1 MillingDelivered8.0325–8.5325/bu+0.07+200–+250¢/BuJuly (N)9.0200
Delivered Chicago / BeyondUS #1 MillingDelivered9.4325–10.1325/bu+0.53+340–+410¢/BuJuly (N)9.8200
Delivered Chicago / BeyondUS #1 MillingDelivered10.2325/bu+420¢/BuJuly (N)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.2500/bu+0.10+55¢/BuJuly (N)4.2950

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.2600–4.3000/bu+0.09−25–−21¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered4.2600–4.3000/bu+0.09−25–−21¢/BuJuly (N)4.3958
Terminal ElevatorsUS #2Delivered3.9350–4.0850/bu+0.03−50–−35¢/BuDecember (Z)4.3375
Terminal ElevatorsUS #2Delivered4.2600–4.3000/bu+0.09−25–−21¢/BuJuly (N)4.3292
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.