Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 24
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.4175–10.3175/bu−100–−10¢/BuNovember (X)9.8608
Terminal ElevatorsUS #1Delivered9.8175–9.9675/bu+0.03−60–−45¢/BuNovember (X)9.5908
Terminal ElevatorsUS #1Delivered10.4575–10.4775/bu+0.02−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered9.7675–9.9675/bu+0.03−65–−45¢/BuNovember (X)9.5742

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.2200/bu+0.01−35¢/BuDecember (Z)5.5525
Terminal ElevatorsUS #1Delivered5.3200/bu+0.01−25¢/BuDecember (Z)6.1525
Terminal ElevatorsUS #1Delivered5.3200/bu+0.01−25¢/BuDecember (Z)6.5525
Delivered Chicago / BeyondUS #1 MillingDelivered6.7200/bu+115¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.9700/bu+140¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.1700–7.3200/bu+0.19+160–+175¢/BuDecember (Z)8.3025
Delivered Chicago / BeyondUS #1 MillingDelivered7.5700/bu+200¢/BuDecember (Z)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7900/bu+0.02+70¢/BuDecember (Z)4.2025

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8825/bu+0.03−35¢/BuDecember (Z)3.8358
Terminal ElevatorsUS #2Delivered4.0875–4.1575/bu+0.05−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.8625–3.9325/bu+0.02−37–−30¢/BuDecember (Z)3.8192
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.