Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Mar 3
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered11.3350–11.3450/bu+0.10−37–−36¢/BuMay (K)9.5667
Terminal ElevatorsUS #1Delivered11.3450–11.3750/bu+0.08−36–−33¢/BuMay (K)
Terminal ElevatorsUS #1Delivered11.4525–11.4725/bu+0.06−38–−36¢/BuJuly (N)

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.2325/bu+0.03+10¢/BuMay (K)5.3000
Terminal ElevatorsUS #1Delivered6.3325/bu+0.03+20¢/BuMay (K)5.9000
Terminal ElevatorsUS #1Delivered6.3325/bu+0.03+20¢/BuMay (K)6.3000
Delivered Chicago / BeyondUS #1 MillingDelivered6.6325/bu+50¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered7.2325/bu+0.03+110¢/BuMay (K)7.2000
Delivered Chicago / BeyondUS #1 MillingDelivered7.2325/bu+0.03+110¢/BuMay (K)7.4250
Delivered Chicago / BeyondUS #1 MillingDelivered7.3325/bu+120¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered7.5825/bu+0.03+145¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered8.3325–8.5325/bu+0.88+220–+240¢/BuMay (K)8.3000

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.6425/bu+0.04+45¢/BuMay (K)4.2575

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.1250–4.1550/bu+0.02−34–−31¢/BuMay (K)4.1850
Terminal ElevatorsUS #2Delivered4.1450–4.1850/bu+0.01−32–−28¢/BuMay (K)
Terminal ElevatorsUS #2Delivered4.2050–4.2750/bu+0.01−35–−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.