Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, May 8
● Bids as filed19 quotesUSDA AMS · slug 3046

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Delivered Chicago / BeyondUS #1 MillingDelivered7.6850/bu+90¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered6.1850/bu+0.05−60¢/BuJuly (N)5.3350
Terminal ElevatorsUS #1Delivered6.5850/bu+0.05−20¢/BuJuly (N)6.0850
Terminal ElevatorsUS #1Delivered6.7850/bu+0.050¢/BuJuly (N)6.4850
Delivered Chicago / BeyondUS #1 MillingDelivered7.7575/bu+100¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.8850/bu+0.05+110¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.9850/bu+0.05+120¢/BuJuly (N)8.0850
Delivered Chicago / BeyondUS #1 MillingDelivered8.2850/bu+0.05+150¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered8.2850–8.6350/bu+0.45+150–+185¢/BuJuly (N)9.4350

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.11.1800–11.8300/bu−90–−25¢/BuJuly (N)10.2842
Terminal ElevatorsUS #1Delivered11.6000–11.6500/bu+0.16−48–−43¢/BuJuly (N)10.2275
Terminal ElevatorsUS #1Delivered11.6200–11.6500/bu+0.16−46–−43¢/BuJuly (N)10.2275
Terminal ElevatorsUS #1Delivered11.1950–11.2450/bu+0.16−70–−65¢/BuNovember (X)9.7717
Terminal ElevatorsUS #1Delivered11.5300–11.5600/bu+0.16−55–−52¢/BuJuly (N)10.1675

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7800/bu+0.06+30¢/BuJuly (N)4.0875

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered4.3125/bu+0.04−40¢/BuJuly (N)4.2542
Terminal ElevatorsUS #2Delivered4.3125–4.3325/bu+0.04−40–−38¢/BuJuly (N)4.2608
Terminal ElevatorsUS #2Delivered4.3350–4.3850/bu+0.04−60–−55¢/BuDecember (Z)3.9700
Terminal ElevatorsUS #2Delivered4.2625/bu+0.04−45¢/BuJuly (N)4.2042
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.