Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, Oct 16
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered9.5575–9.6075/bu+0.04−55–−50¢/BuNovember (X)9.5275
Terminal ElevatorsUS #1Delivered10.1850–10.2050/bu+0.04−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.5575/bu+0.04−55¢/BuNovember (X)9.5042

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.1450/bu+0.02−35¢/BuDecember (Z)5.7875
Terminal ElevatorsUS #1Delivered5.2450/bu+0.02−25¢/BuDecember (Z)6.3875
Terminal ElevatorsUS #1Delivered5.2450/bu+0.02−25¢/BuDecember (Z)6.7875
Delivered Chicago / BeyondUS #1 MillingDelivered5.7875/bu+90¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.4950/bu+0.02+100¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.9450/bu+0.24+145¢/BuDecember (Z)8.7375
Delivered Chicago / BeyondUS #1 MillingDelivered6.9950/bu+0.27+150¢/BuDecember (Z)8.5208
Delivered Chicago / BeyondUS #1 MillingDelivered7.9950/bu+0.02+250¢/BuDecember (Z)9.0875

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.6150/bu+0.02+70¢/BuDecember (Z)4.3325

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8175–3.8475/bu+0.05−40–−37¢/BuDecember (Z)3.7742
Terminal ElevatorsUS #2Delivered4.0675–4.1375/bu+0.03−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.7675–3.8175/bu+0.05−45–−40¢/BuDecember (Z)3.7175
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.