Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Feb 27
● Bids as filed17 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.9075–11.2725/bu−80–−30¢/BuMay (K)9.6958
Terminal ElevatorsUS #1Delivered11.3075–11.3475/bu+0.07−40–−36¢/BuMay (K)9.8342
Terminal ElevatorsUS #1Delivered11.3375–11.3575/bu+0.07−37–−35¢/BuMay (K)
Terminal ElevatorsUS #1Delivered11.4475–11.4675/bu+0.07−38–−36¢/BuJuly (N)

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.2275/bu+0.14+10¢/BuMay (K)5.4775
Terminal ElevatorsUS #1Delivered6.3275/bu+0.14+20¢/BuMay (K)6.0775
Terminal ElevatorsUS #1Delivered6.3275/bu+0.14+20¢/BuMay (K)6.4775
Delivered Chicago / BeyondUS #1 MillingDelivered6.8775/bu+0.14+75¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered7.0275/bu+90¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered7.2275/bu+110¢/BuMay (K)7.2775
Delivered Chicago / BeyondUS #1 MillingDelivered7.2275–7.3775/bu+0.04+110–+125¢/BuMay (K)7.6775
Delivered Chicago / BeyondUS #1 MillingDelivered7.4275/bu+130¢/BuMay (K)7.7775
Delivered Chicago / BeyondUS #1 MillingDelivered7.6275–8.0775/bu+0.16+150–+195¢/BuMay (K)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.6475/bu+0.01+45¢/BuMay (K)4.1025

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.1350–4.1750/bu+0.05−35–−31¢/BuMay (K)4.3650
Terminal ElevatorsUS #2Delivered4.1650–4.2050/bu+0.05−32–−28¢/BuMay (K)
Terminal ElevatorsUS #2Delivered4.2100–4.2800/bu+0.05−35–−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.