Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Jan 16
● Bids as filed12 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.9.8275–10.2275/bu−75–−35¢/BuMarch (H)9.7900
Terminal ElevatorsUS #1Delivered10.2875–10.3475/bu+0.05−40–−34¢/BuMay (K)10.1308

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.7500/bu+0.03+10¢/BuMarch (H)5.3350
Terminal ElevatorsUS #1Delivered5.8500/bu+0.03+20¢/BuMarch (H)5.9350
Terminal ElevatorsUS #1Delivered5.8500/bu+0.03+20¢/BuMarch (H)6.3350
Delivered Chicago / BeyondUS #1 MillingDelivered6.9000–6.9500/bu+0.08+125–+130¢/BuMarch (H)7.0850
Delivered Chicago / BeyondUS #1 MillingDelivered7.0500–7.5500/bu+140–+190¢/BuMarch (H)7.7850
Delivered Chicago / BeyondUS #1 MillingDelivered7.2000/bu+0.33+155¢/BuMarch (H)7.8350
Delivered Chicago / BeyondUS #1 MillingDelivered7.5500/bu+190¢/BuMarch (H)
Delivered Chicago / BeyondUS #1 MillingDelivered7.4500–8.1500/bu+0.18+180–+250¢/BuMarch (H)8.7600

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7700/bu+0.09+75¢/BuMarch (H)4.4050

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.9700–4.0400/bu+0.04−35–−28¢/BuMay (K)4.6400
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.