Minneapolis Daily Grain Report

Minnesota · Minneapolis · Thu, Jul 2
● Bids as filed16 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.10.5625–11.4625/bu−80–+10¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered10.8825–10.9025/bu+0.03−48–−46¢/BuAugust (Q)
Terminal ElevatorsUS #1Delivered10.8775/bu+0.02−60¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered10.7775–10.8775/bu+0.02−70–−60¢/BuNovember (X)9.9258
Terminal ElevatorsUS #1Delivered10.8575–10.8825/bu+0.06−46–−48¢/BuJuly (N)10.1217

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered5.7375/bu+0.00−45¢/BuSeptember (U)5.7225
Terminal ElevatorsUS #1Delivered5.9875/bu+0.00−20¢/BuSeptember (U)6.4725
Terminal ElevatorsUS #1Delivered6.0875/bu+0.00−10¢/BuSeptember (U)6.8725
Delivered Chicago / BeyondUS #1 MillingDelivered7.5375/bu+135¢/BuSeptember (U)7.9225
Delivered Chicago / BeyondUS #1 MillingDelivered7.5875–7.6375/bu+0.00+140–+145¢/BuSeptember (U)7.8225
Delivered Chicago / BeyondUS #1 MillingDelivered9.1875/bu+0.00+300¢/BuSeptember (U)9.4725
Delivered Chicago / BeyondUS #1 MillingDelivered8.9375/bu+0.00+275¢/BuSeptember (U)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered4.0475/bu+0.07+70¢/BuSeptember (U)4.1775

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.8500–3.8800/bu+0.00−38–−35¢/BuSeptember (U)4.0375
Terminal ElevatorsUS #2Delivered3.8150–3.9150/bu+0.01−60–−50¢/BuDecember (Z)3.9200
Terminal ElevatorsUS #2Delivered3.8300–3.9000/bu+0.05−42–−35¢/BuJuly (N)3.9692
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.