Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Mar 11
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered11.5900–11.7200/bu+0.12−55–−42¢/BuMay (K)9.6050
Terminal ElevatorsUS #1Delivered11.6900–11.7500/bu+0.12−45–−39¢/BuMay (K)9.6250
Terminal ElevatorsUS #1Delivered11.7225–11.8925/bu+0.12−55–−38¢/BuJuly (N)9.7750

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.2800/bu+0.03−10¢/BuMay (K)5.4450
Terminal ElevatorsUS #1Delivered6.3800/bu+0.030¢/BuMay (K)6.0450
Terminal ElevatorsUS #1Delivered6.3800/bu+0.030¢/BuMay (K)6.4450
Delivered Chicago / BeyondUS #1 MillingDelivered7.0800/bu+70¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered7.2800/bu+90¢/BuMay (K)7.5450
Delivered Chicago / BeyondUS #1 MillingDelivered7.4300–7.5800/bu+0.03+105–+120¢/BuMay (K)7.6950
Delivered Chicago / BeyondUS #1 MillingDelivered7.6800/bu+130¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered8.3800–8.8800/bu+200–+250¢/BuMay (K)8.7450

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.8550/bu+0.11+20¢/BuMay (K)3.9825

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.1525–4.2225/bu+0.08−45–−38¢/BuMay (K)4.2908
Terminal ElevatorsUS #2Delivered4.1925–4.2425/bu+0.08−41–−36¢/BuMay (K)4.2908
Terminal ElevatorsUS #2Delivered4.2800–4.3500/bu+0.09−44–−37¢/BuJuly (N)4.3683
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.