Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Aug 1
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.2925–9.4425/bu−60–−45¢/BuNovember (X)10.2558
Terminal ElevatorsUS #1Delivered9.1175–9.2625/bu−50–−63¢/BuAugust (Q)9.9225
Terminal ElevatorsUS #1Delivered8.9925–9.2425/bu−90–−65¢/BuNovember (X)9.6958
Terminal ElevatorsUS #1Delivered9.1425–9.3425/bu−75–−55¢/BuNovember (X)9.7325
Terminal ElevatorsUS #1Delivered9.2425–9.2625/bu−65–−63¢/BuNovember (X)10.0358

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered4.8725/bu+0.06−85¢/BuSeptember (U)5.8000
Terminal ElevatorsUS #1Delivered5.6225/bu+0.06−10¢/BuSeptember (U)6.0000
Terminal ElevatorsUS #1Delivered6.0225/bu+0.06+30¢/BuSeptember (U)6.1000
Delivered Chicago / BeyondUS #1 MillingDelivered6.6725–6.8225/bu+0.26+95–+110¢/BuSeptember (U)7.9500
Delivered Chicago / BeyondUS #1 MillingDelivered6.8725/bu+115¢/BuSeptember (U)7.7500
Delivered Chicago / BeyondUS #1 MillingDelivered8.3225/bu+0.06+260¢/BuSeptember (U)9.1500

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7525/bu+0.03+25¢/BuSeptember (U)4.0075

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.5075–3.6575/bu+0.03−60–−45¢/BuDecember (Z)3.6492
Terminal ElevatorsUS #2Delivered3.6075–3.6575/bu−50–−45¢/BuDecember (Z)3.6825
Terminal ElevatorsUS #2Delivered3.5950–3.7250/bu+0.05−30–−17¢/BuSeptember (U)3.7050
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.