Minneapolis Daily Grain Report

Minnesota · Minneapolis · Tue, Jun 16
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.8500–10.8700/bu+0.18−45–−43¢/BuJuly (N)10.3433
Terminal ElevatorsUS #1Delivered10.8650/bu+0.18−48¢/BuAugust (Q)10.3525
Terminal ElevatorsUS #1Delivered10.7650–10.8550/bu+0.15−70–−61¢/BuNovember (X)10.1442
Terminal ElevatorsUS #1Delivered10.8200/bu+0.17−48¢/BuJuly (N)10.2533

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.7725/bu+0.09−35¢/BuJuly (N)5.7075
Terminal ElevatorsUS #1Delivered6.0225/bu+0.06−10¢/BuJuly (N)6.4575
Terminal ElevatorsUS #1Delivered6.1225/bu+0.560¢/BuJuly (N)6.8575
Delivered Chicago / BeyondUS #1Delivered7.7225/bu+160¢/BuJuly (N)
Delivered Chicago / BeyondUS #1 MillingDelivered7.7225/bu+0.24+160¢/BuJuly (N)7.5575
Delivered Chicago / BeyondUS #1 MillingDelivered7.5225–7.7225/bu+0.04+140–+160¢/BuJuly (N)7.8325
Delivered Chicago / BeyondUS #1 MillingDelivered8.5225/bu+0.09+240¢/BuJuly (N)8.6075

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.2950/bu+0.02+25¢/BuJuly (N)4.0100

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.7375–3.7775/bu+0.01−40–−36¢/BuJuly (N)4.0483
Terminal ElevatorsUS #2Delivered3.8450/bu+0.04−38¢/BuSeptember (U)4.1075
Terminal ElevatorsUS #2Delivered3.8250–3.9250/bu+0.02−60–−50¢/BuDecember (Z)3.9375
Terminal ElevatorsUS #2Delivered3.6875–3.7575/bu+0.01−45–−38¢/BuJuly (N)4.0417
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.