Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Oct 31
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.9975–11.0275/bu−100–+3¢/BuNovember (X)9.7500
Terminal ElevatorsUS #1Delivered10.5075–10.5975/bu+0.09−49–−40¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered10.9375–10.9575/bu+0.09−40–−38¢/BuMay (K)
Terminal ElevatorsUS #1Delivered10.5975/bu+0.18−40¢/BuNovember (X)9.4925

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.1800/bu+0.03−35¢/BuDecember (Z)5.4975
Terminal ElevatorsUS #1Delivered5.2800/bu+0.03−25¢/BuDecember (Z)6.0975
Terminal ElevatorsUS #1Delivered5.2800/bu+0.03−25¢/BuDecember (Z)6.4975
Delivered Chicago / BeyondUS #1 MillingDelivered6.6300/bu+0.23+110¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered6.9800/bu+145¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered7.2800/bu+0.08+175¢/BuDecember (Z)
Delivered Chicago / BeyondUS #1 MillingDelivered8.2800/bu+0.03+275¢/BuDecember (Z)8.9475

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.3975/bu+0.07+50¢/BuDecember (Z)4.4425

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.9650–4.0150/bu+0.01−35–−30¢/BuDecember (Z)
Terminal ElevatorsUS #2Delivered4.1525–4.2225/bu−37–−30¢/BuMay (K)
Terminal ElevatorsUS #2Delivered3.9450–4.0150/bu+0.01−37–−30¢/BuDecember (Z)3.7683
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.