Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 17
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.1950–9.9450/bu−100–−25¢/BuNovember (X)9.6667
Terminal ElevatorsUS #1Delivered9.5950–9.6450/bu+0.04−60–−55¢/BuNovember (X)9.3500
Terminal ElevatorsUS #1Delivered10.2525–10.2725/bu+0.07−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.5450–9.6450/bu+0.01−65–−55¢/BuNovember (X)9.3333

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.1350/bu+0.01−35¢/BuDecember (Z)5.6650
Terminal ElevatorsUS #1Delivered5.2350/bu+0.01−25¢/BuDecember (Z)6.2650
Terminal ElevatorsUS #1Delivered5.2350/bu+0.01−25¢/BuDecember (Z)6.6650
Delivered Chicago / BeyondUS #1 MillingDelivered5.8150/bu+90¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.4850/bu+0.01+100¢/BuDecember (Z)7.6650
Delivered Chicago / BeyondUS #1 MillingDelivered6.9350/bu+145¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.9850/bu+0.01+150¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered8.2850/bu+0.29+280¢/BuDecember (Z)9.9150

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.6500/bu+0.04+70¢/BuDecember (Z)4.2750

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8250–3.8550/bu+0.01−40–−37¢/BuDecember (Z)3.7475
Terminal ElevatorsUS #2Delivered4.0800–4.1500/bu+0.01−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.7750–3.8250/bu+0.01−45–−40¢/BuDecember (Z)3.7142
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.