Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Aug 7
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Mills and ProcessorsUS #1F.O.B.11.0625–11.8125/bu−70–+5¢/BuNovember (X)9.2083
Terminal ElevatorsUS #1Delivered10.9625–11.1625/bu+0.02−80–−60¢/BuNovember (X)
Terminal ElevatorsUS #1Delivered10.9625–11.1625/bu+0.02−80–−60¢/BuNovember (X)9.0750
Terminal ElevatorsUS #1Delivered11.1425–11.1625/bu+0.02−62–−60¢/BuNovember (X)9.2317

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1Delivered6.5950/bu+0.34−20¢/BuSeptember (U)4.8675
Terminal ElevatorsUS #1Delivered6.5950/bu+0.09−20¢/BuSeptember (U)5.6175
Terminal ElevatorsUS #1Delivered6.5950/bu+0.02−20¢/BuSeptember (U)6.0175
Delivered Chicago / BeyondUS #1 MillingDelivered8.0450/bu+0.09+125¢/BuSeptember (U)
Delivered Chicago / BeyondUS #1 MillingDelivered8.0450/bu+0.09+125¢/BuSeptember (U)
Delivered Chicago / BeyondUS #1 MillingDelivered8.0950–8.1950/bu+0.02+130–+140¢/BuSeptember (U)7.1175
Delivered Chicago / BeyondUS #1 MillingDelivered8.5950–8.9450/bu+0.32+180–+215¢/BuSeptember (U)

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #1/2Delivered3.7075/bu+0.04+60¢/BuSeptember (U)3.6800

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
Terminal ElevatorsUS #2Delivered3.7900–4.1400/bu−60–−25¢/BuSeptember (U)
Terminal ElevatorsUS #2Delivered3.9200–4.1200/bu−70–−50¢/BuDecember (Z)3.5050
Terminal ElevatorsUS #2Delivered3.8900–4.0500/bu−50–−34¢/BuSeptember (U)3.5642
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.