Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 3
● Bids as filed18 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.1800–9.6800/bu−100–−50¢/BuNovember (X)10.0442
Terminal ElevatorsUS #1Delivered9.4300–9.5800/bu+0.06−75–−60¢/BuNovember (X)9.8942
Terminal ElevatorsUS #1Delivered10.2625–10.2825/bu+0.04−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.3800–9.5300/bu+0.04−80–−65¢/BuNovember (X)9.7275

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.2475/bu+0.44−35¢/BuDecember (Z)5.8850
Terminal ElevatorsUS #1Delivered5.3475/bu+0.14−25¢/BuDecember (Z)6.4850
Terminal ElevatorsUS #1Delivered5.3475/bu+0.06−25¢/BuDecember (Z)6.8850
Delivered Chicago / BeyondUS #1 MillingDelivered5.6700/bu+0.02+70¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered5.7200/bu+0.02+75¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.5975/bu+0.01+100¢/BuDecember (Z)7.3850
Delivered Chicago / BeyondUS #1 MillingDelivered6.6975–6.7975/bu+0.11+110–+120¢/BuDecember (Z)8.9850
Delivered Chicago / BeyondUS #1 MillingDelivered6.6975/bu+0.01+110¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.7975/bu+220¢/BuDecember (Z)10.4100
Delivered Chicago / BeyondUS #1 MillingDelivered7.4975/bu+0.01+190¢/BuDecember (Z)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.5925/bu+0.01+60¢/BuDecember (Z)4.1825

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.6900–3.7700/bu+0.03−50–−42¢/BuDecember (Z)3.8875
Terminal ElevatorsUS #2Delivered4.0825–4.1525/bu+0.03−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.6900–3.7200/bu+0.02−50–−47¢/BuDecember (Z)3.8142
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.