Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Oct 28
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.1825–10.3325/bu+0.11−60–−45¢/BuNovember (X)9.3158
Terminal ElevatorsUS #1Delivered10.7775–10.7975/bu+0.11−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered10.1825–10.3325/bu+0.16−60–−45¢/BuNovember (X)9.2992

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.2675/bu+0.02−35¢/BuDecember (Z)5.5650
Terminal ElevatorsUS #1Delivered5.3675/bu+0.02−25¢/BuDecember (Z)6.1650
Terminal ElevatorsUS #1Delivered5.3675/bu+0.02−25¢/BuDecember (Z)6.5650
Delivered Chicago / BeyondUS #1 MillingDelivered6.7675/bu+0.02+115¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.8175/bu+120¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.3175/bu+170¢/BuDecember (Z)8.5650
Delivered Chicago / BeyondUS #1 MillingDelivered7.6175/bu+0.02+200¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.9675–8.3675/bu+0.14+235–+275¢/BuDecember (Z)9.0400

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.4100/bu+0.06+50¢/BuDecember (Z)4.2900

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.9700/bu+0.03−35¢/BuDecember (Z)3.7875
Terminal ElevatorsUS #2Delivered4.1800–4.2500/bu+0.01−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.9500–4.0200/bu+0.03−37–−30¢/BuDecember (Z)3.7875
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.