Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Feb 25
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered11.2500–11.2900/bu+0.10−40–−36¢/BuMay (K)9.9975
Terminal ElevatorsUS #1Delivered11.2800–11.3000/bu−37–−35¢/BuMay (K)
Terminal ElevatorsUS #1Delivered11.3950–11.4150/bu−38–−36¢/BuJuly (N)

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.9350/bu+0.04+10¢/BuMarch (H)5.6775
Terminal ElevatorsUS #1Delivered6.0350/bu+0.04+20¢/BuMarch (H)6.2775
Terminal ElevatorsUS #1Delivered6.0350/bu+0.04+20¢/BuMarch (H)6.6775
Delivered Chicago / BeyondUS #1 MillingDelivered6.7200/bu+75¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered6.9200/bu+95¢/BuMay (K)7.3275
Delivered Chicago / BeyondUS #1 MillingDelivered7.0700–7.3700/bu+0.03+110–+140¢/BuMay (K)8.1775
Delivered Chicago / BeyondUS #1 MillingDelivered7.0000/bu+103¢/BuMay (K)7.9775
Delivered Chicago / BeyondUS #1 MillingDelivered7.4700–8.1200/bu+0.33+150–+215¢/BuMay (K)9.0275

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7050/bu+0.04+45¢/BuMay (K)4.1225

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.0700–4.1100/bu+0.04−35–−31¢/BuMay (K)4.6100
Terminal ElevatorsUS #2Delivered4.1000–4.1400/bu−32–−28¢/BuMay (K)
Terminal ElevatorsUS #2Delivered4.1525–4.2225/bu−35–−28¢/BuJuly (N)
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.