Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Aug 28
● Bids as filed15 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Mills and ProcessorsUS #1F.O.B.12.2300–12.8800/bu—−65–0¢/BuNovember (X)9.8700
Terminal ElevatorsUS #1Delivered12.0800–12.3300/bu+0.20−80–−55¢/BuNovember (X)9.6617
Terminal ElevatorsUS #1Delivered12.0800–12.3300/bu+0.20−80–−55¢/BuNovember (X)9.6617
Terminal ElevatorsUS #1Delivered12.2600–12.3300/bu+0.20−62–−55¢/BuNovember (X)9.7783

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1Delivered7.4925/bu+0.12−20¢/BuDecember (Z)4.7500
Terminal ElevatorsUS #1Delivered7.4925/bu+0.12−20¢/BuDecember (Z)5.5000
Terminal ElevatorsUS #1Delivered7.4925/bu+0.12−20¢/BuDecember (Z)—
Delivered Chicago / BeyondUS #1 MillingDelivered9.0525/bu+0.13+160¢/BuSeptember (U)6.5000
Delivered Chicago / BeyondUS #1 MillingDelivered8.9525/bu+0.13+150¢/BuSeptember (U)6.8500
Delivered Chicago / BeyondUS #1 MillingDelivered8.9025–8.9525/bu—+145–+150¢/BuSeptember (U)7.0000
Delivered Chicago / BeyondUS #1 MillingDelivered9.4525–9.6025/bu+0.13+200–+215¢/BuSeptember (U)8.1000

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered3.8075/bu+0.16+32¢/BuSeptember (U)3.6350

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.5200–4.8000/bu+0.02−60–−32¢/BuSeptember (U)3.6875
Terminal ElevatorsUS #2Delivered4.6650–4.8650/bu+0.03−70–−50¢/BuDecember (Z)3.6358
Terminal ElevatorsUS #2Delivered4.5200–4.7600/bu+0.02−60–−36¢/BuSeptember (U)3.7908
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.