Southern Minnesota Daily Grain Bids

Minnesota · Minneapolis · Thu, Jul 16
● Bids as filed4 quotesUSDA AMS · slug 3049

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
South
Country ElevatorsUS #1Delivered11.2000–11.3000/bu+0.07−75–−65¢/BuNovember (X)9.5900
Country ElevatorsUS #1Delivered11.3500–11.6600/bu+0.07−60–−29¢/BuAugust (Q)9.6675

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
South
Country ElevatorsUS #2Delivered4.0900–4.1400/bu+0.06−55–−50¢/BuDecember (Z)3.8083
Country ElevatorsUS #2Delivered3.9150–4.0250/bu+0.06−50–−39¢/BuSeptember (U)3.8500
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.