Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, May 29
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.2175–10.2475/bu+0.03−30–−27¢/BuJuly (N)11.8508
Terminal ElevatorsUS #1Delivered10.2175–10.2675/bu+0.03−30–−25¢/BuJuly (N)11.8808
Terminal ElevatorsUS #1Delivered9.8225–9.8725/bu+0.00−55–−50¢/BuNovember (X)11.3000
Terminal ElevatorsUS #1Delivered10.1675–10.1875/bu+0.03−35–−33¢/BuJuly (N)11.8175

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.5550/bu+0.12−60¢/BuJuly (N)7.5200
Terminal ElevatorsUS #1Delivered6.3050/bu+0.12+15¢/BuJuly (N)7.7200
Terminal ElevatorsUS #1Delivered6.7050/bu+0.12+55¢/BuJuly (N)7.8200
Delivered Chicago / BeyondUS #1 MillingDelivered6.0675/bu+75¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered6.8050–7.6550/bu+0.63+65–+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.0550–7.9050/bu+0.63+90–+175¢/BuJuly (N)8.2500
Delivered Chicago / BeyondUS #1 MillingDelivered8.1550–8.6550/bu+200–+250¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered9.6550–10.1550/bu+0.22+350–+400¢/BuJuly (N)9.4200
Delivered Chicago / BeyondUS #1 MillingDelivered10.3550/bu+420¢/BuJuly (N)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.3050/bu+0.06+55¢/BuJuly (N)4.3075

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.2200–4.2600/bu+0.04−25–−21¢/BuJuly (N)
Terminal ElevatorsUS #2Delivered4.2200–4.2600/bu+0.04−25–−21¢/BuJuly (N)4.3308
Terminal ElevatorsUS #2Delivered3.9125–4.0625/bu+0.02−50–−35¢/BuDecember (Z)4.2600
Terminal ElevatorsUS #2Delivered4.2200–4.2600/bu+0.04−25–−21¢/BuJuly (N)4.2642
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.