Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Oct 22
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered9.7475–9.8975/bu+0.04−60–−45¢/BuNovember (X)9.6817
Terminal ElevatorsUS #1Delivered10.3550–10.3750/bu+0.00−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.6975–9.8975/bu+0.04−65–−45¢/BuNovember (X)9.6650

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.1275/bu+0.03−35¢/BuDecember (Z)5.6550
Terminal ElevatorsUS #1Delivered5.2275/bu+0.03−25¢/BuDecember (Z)6.2550
Terminal ElevatorsUS #1Delivered5.2275/bu+0.03−25¢/BuDecember (Z)6.6550
Delivered Chicago / BeyondUS #1 MillingDelivered6.8775/bu+0.12+140¢/BuDecember (Z)8.6050
Delivered Chicago / BeyondUS #1 MillingDelivered6.9775/bu+0.03+150¢/BuDecember (Z)8.4050
Delivered Chicago / BeyondUS #1 MillingDelivered8.2775/bu+0.83+280¢/BuDecember (Z)9.9050
Delivered Chicago / BeyondUS #3Delivered5.8850/bu+100¢/BuDecember (Z)
Delivered Chicago / BeyondUS #3Delivered5.8350/bu+95¢/BuDecember (Z)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7200/bu+0.01+70¢/BuDecember (Z)4.2050

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8300–3.8800/bu+0.03−40–−35¢/BuDecember (Z)3.8900
Terminal ElevatorsUS #2Delivered4.0650–4.1350/bu+0.02−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.7800–3.8300/bu+0.03−45–−40¢/BuDecember (Z)3.8800
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.