Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Jun 17
● Bids as filed15 quotesUSDA AMS · slug 3046

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Delivered Chicago / BeyondUS #1 MillingDelivered7.8550/bu+160¢/BuJuly (N)
Terminal ElevatorsUS #1Delivered5.9050/bu+0.13−35¢/BuJuly (N)5.8625
Terminal ElevatorsUS #1Delivered6.1550/bu+0.13−10¢/BuJuly (N)6.6125
Terminal ElevatorsUS #1Delivered6.2550/bu+0.130¢/BuJuly (N)7.0125
Delivered Chicago / BeyondUS #1 MillingDelivered7.7050–7.7550/bu+0.18+145–+150¢/BuJuly (N)7.7875
Delivered Chicago / BeyondUS #1 MillingDelivered8.7550/bu+0.23+250¢/BuJuly (N)8.6875

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered10.8700–10.8900/bu+0.02−45–−43¢/BuJuly (N)10.3175
Terminal ElevatorsUS #1Delivered10.8875/bu+0.02−48¢/BuAugust (Q)10.3575
Terminal ElevatorsUS #1Delivered10.7925–10.8825/bu+0.03−70–−61¢/BuNovember (X)10.1492
Terminal ElevatorsUS #1Delivered10.8400/bu+0.02−48¢/BuJuly (N)10.2508

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.3150/bu+0.02+25¢/BuJuly (N)3.9325

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8100–3.8500/bu+0.07−40–−36¢/BuJuly (N)4.0483
Terminal ElevatorsUS #2Delivered3.9150/bu+0.07−38¢/BuSeptember (U)4.1000
Terminal ElevatorsUS #2Delivered3.8875–3.9875/bu+0.06−60–−50¢/BuDecember (Z)3.9900
Terminal ElevatorsUS #2Delivered3.7600–3.8300/bu+0.07−45–−38¢/BuJuly (N)4.0383
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.