Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Mar 27
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.7925–11.1425/bu−80–−45¢/BuMay (K)9.8967
Terminal ElevatorsUS #1Delivered10.9925–11.0925/bu+0.15−60–−50¢/BuMay (K)9.8700
Terminal ElevatorsUS #1Delivered11.0725–11.1525/bu+0.15−52–−44¢/BuMay (K)9.8900
Terminal ElevatorsUS #1Delivered11.2725–11.3225/bu+0.14−48–−43¢/BuJuly (N)10.0458

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.3825/bu+0.03−10¢/BuMay (K)5.3100
Terminal ElevatorsUS #1Delivered6.4825/bu+0.030¢/BuMay (K)5.9100
Terminal ElevatorsUS #1Delivered6.4825/bu+0.030¢/BuMay (K)6.3100
Delivered Chicago / BeyondUS #1 MillingDelivered7.4325/bu+95¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered7.5825–7.7325/bu+0.03+110–+125¢/BuMay (K)7.5850
Delivered Chicago / BeyondUS #1 MillingDelivered7.9825/bu+0.03+150¢/BuMay (K)
Delivered Chicago / BeyondUS #1 MillingDelivered8.4825/bu+0.03+200¢/BuMay (K)9.0100

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.9650/bu+0.02+55¢/BuMay (K)4.0525

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.1600–4.1900/bu+0.05−46–−43¢/BuMay (K)4.2258
Terminal ElevatorsUS #2Delivered4.2100–4.2200/bu+0.05−41–−40¢/BuMay (K)4.2325
Terminal ElevatorsUS #2Delivered4.3050–4.3350/bu+0.05−43–−40¢/BuJuly (N)4.3200
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.