Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Jul 2
● Bids as filed14 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.0850–10.1850/bu+0.24−45–−35¢/BuAugust (Q)11.3275
Terminal ElevatorsUS #1Delivered9.8800–9.9300/bu+0.21−60–−55¢/BuNovember (X)10.6317
Terminal ElevatorsUS #1Delivered10.0350–10.1350/bu+0.24−50–−40¢/BuAugust (Q)11.4275

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.7400/bu+0.21−75¢/BuSeptember (U)6.2275
Terminal ElevatorsUS #1Delivered6.4900/bu+0.210¢/BuSeptember (U)6.4275
Terminal ElevatorsUS #1Delivered6.8900/bu+0.21+40¢/BuSeptember (U)6.5275
Delivered Chicago / BeyondUS #1 MillingDelivered7.8400–7.9400/bu+0.21+135–+145¢/BuSeptember (U)
Delivered Chicago / BeyondUS #1 MillingDelivered7.6900–7.8400/bu+120–+135¢/BuSeptember (U)8.2775
Delivered Chicago / BeyondUS #1 MillingDelivered7.9900/bu+150¢/BuSeptember (U)
Delivered Chicago / BeyondUS #1 MillingDelivered9.4900/bu+0.21+300¢/BuSeptember (U)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.1450/bu+0.11+30¢/BuSeptember (U)3.9275

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.9800–4.0500/bu+0.12−20–−13¢/BuSeptember (U)3.8683
Terminal ElevatorsUS #2Delivered3.8350–3.9850/bu+0.12−50–−35¢/BuDecember (Z)3.7450
Terminal ElevatorsUS #2Delivered3.8800–4.0500/bu+0.12−30–−13¢/BuSeptember (U)3.8350
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.