Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Oct 29
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.2025–10.4025/bu+0.02−60–−40¢/BuNovember (X)9.4283
Terminal ElevatorsUS #1Delivered10.7625–10.7825/bu+0.02−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered10.2025–10.4025/bu+0.02−60–−40¢/BuNovember (X)9.4117

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.2550/bu+0.01−35¢/BuDecember (Z)5.5900
Terminal ElevatorsUS #1Delivered5.3550/bu+0.01−25¢/BuDecember (Z)6.1900
Terminal ElevatorsUS #1Delivered5.3550/bu+0.01−25¢/BuDecember (Z)6.5900
Delivered Chicago / BeyondUS #1 MillingDelivered6.7550/bu+0.01+115¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.8050/bu+120¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.3050/bu+170¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.6050/bu+0.01+200¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered8.3550/bu+0.39+275¢/BuDecember (Z)8.5900
Delivered Chicago / BeyondUS #1 MillingDelivered7.9550/bu+235¢/BuDecember (Z)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.3950/bu+0.02+50¢/BuDecember (Z)4.3575

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.9900–4.0400/bu+0.02−35–−30¢/BuDecember (Z)3.7383
Terminal ElevatorsUS #2Delivered4.1800–4.2500/bu−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.9700–4.0400/bu+0.02−37–−30¢/BuDecember (Z)3.7383
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.