Minneapolis Daily Grain Report

Minnesota · Minneapolis · Wed, Aug 26
● Bids as filed14 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered11.8600–12.1100/bu+0.28−80–−55¢/BuNovember (X)9.6000
Terminal ElevatorsUS #1Delivered11.8600–12.1100/bu+0.28−80–−55¢/BuNovember (X)9.5917
Terminal ElevatorsUS #1Delivered12.0400–12.1100/bu+0.28−62–−55¢/BuNovember (X)9.7083

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.2800/bu+0.54−20¢/BuDecember (Z)4.7175
Terminal ElevatorsUS #1Delivered7.2800/bu+0.54−20¢/BuDecember (Z)5.4675
Terminal ElevatorsUS #1Delivered7.2800/bu+0.54−20¢/BuDecember (Z)5.8675
Delivered Chicago / BeyondUS #1 MillingDelivered9.0375–9.2375/bu—+95–+115¢/BuDecember (Z)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.8150/bu—+160¢/BuSeptember (U)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.5150/bu+0.28+130¢/BuSeptember (U)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.3150–9.7150/bu+0.08+210–+250¢/BuSeptember (U)8.1842

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered3.6350/bu+0.13+30¢/BuSeptember (U)3.6150

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.5400–4.8300/bu+0.14−60–−31¢/BuSeptember (U)3.5750
Terminal ElevatorsUS #2Delivered4.6650–4.8650/bu+0.13−70–−50¢/BuDecember (Z)3.5100
Terminal ElevatorsUS #2Delivered4.5400–4.8000/bu+0.14−60–−34¢/BuSeptember (U)3.6350
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.