Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Mar 20
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.8125–11.1625/bu−80–−45¢/BuMay (K)9.7142
Terminal ElevatorsUS #1Delivered11.0325–11.1125/bu+0.07−58–−50¢/BuMay (K)9.7375
Terminal ElevatorsUS #1Delivered11.1425–11.1725/bu+0.07−47–−44¢/BuMay (K)9.7575
Terminal ElevatorsUS #1Delivered11.3050–11.3350/bu+0.07−46–−43¢/BuJuly (N)9.8883

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.1800/bu+0.16−10¢/BuMay (K)5.5500
Terminal ElevatorsUS #1Delivered6.2800/bu+0.160¢/BuMay (K)6.1500
Terminal ElevatorsUS #1Delivered6.2800/bu+0.160¢/BuMay (K)6.5500
Delivered Chicago / BeyondUS #1 MillingDelivered7.1800/bu+90¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered7.5300/bu+125¢/BuMay (K)7.8000
Delivered Chicago / BeyondUS #1 MillingDelivered8.2800/bu+0.16+200¢/BuMay (K)8.8500
Delivered Chicago / BeyondUS #3Delivered6.9300/bu+65¢/BuMay (K)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7800/bu+0.10+20¢/BuMay (K)4.2075

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.1950–4.2250/bu+0.04−46–−43¢/BuMay (K)4.3325
Terminal ElevatorsUS #2Delivered4.2450–4.2550/bu+0.04−41–−40¢/BuMay (K)4.3325
Terminal ElevatorsUS #2Delivered4.3400–4.3600/bu+0.04−42–−40¢/BuJuly (N)4.4217
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.