Minneapolis Daily Grain Report

Minnesota · Minneapolis · Fri, Mar 7
● Bids as filed20 quotesUSDA AMS · slug 3046

Soybeans

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Mills and ProcessorsUS #1F.O.B.9.9000/bu—−35¢/BuMay (K)11.4567
Terminal ElevatorsUS #1Delivered9.8500/bu—−40¢/BuMay (K)—
Terminal ElevatorsUS #1Delivered9.8500/bu+0.01−40¢/BuMay (K)11.5900
Terminal ElevatorsUS #1Delivered9.8500–9.9100/bu+0.02−40–−34¢/BuMay (K)11.5900
Terminal ElevatorsUS #1Delivered9.9875–10.0475/bu+0.01−40–−34¢/BuJuly (N)11.6550
Terminal ElevatorsUS #1Delivered9.9875–10.0475/bu+0.01−40–−34¢/BuJuly (N)—
Terminal ElevatorsUS #1Delivered9.7050–9.8050/bu+0.05−55–−45¢/BuNovember (X)—
Terminal ElevatorsUS #1Delivered9.7500–9.8000/bu+0.03−50–−45¢/BuMay (K)11.4933

Wheat

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Delivered Chicago / BeyondUS #1 MillingDelivered6.4475/bu—+80¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered6.6775/bu—+75¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered6.9275–7.0275/bu—+100–+110¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered7.4775–7.9275/bu+0.04+155–+200¢/BuMay (K)—
Delivered Chicago / BeyondUS #1 MillingDelivered8.6775/bu—+275¢/BuMay (K)8.6275

White Oats

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #1/2Delivered4.1150/bu+0.06+40¢/BuMay (K)4.2275

Corn

Bid per bushel · basis vs futures
Delivery pointGradeFreightBidChangeBasisFuturesYear ago
—
Terminal ElevatorsUS #2Delivered4.3725–4.3825/bu+0.06−32–−31¢/BuMay (K)4.1775
Terminal ElevatorsUS #2Delivered4.3725–4.3825/bu+0.07−32–−31¢/BuMay (K)4.1875
Terminal ElevatorsUS #2Delivered4.4375–4.4775/bu+0.05−32–−28¢/BuJuly (N)4.2808
Terminal ElevatorsUS #2Delivered4.4375–4.4775/bu+0.05−32–−28¢/BuJuly (N)—
Terminal ElevatorsUS #2Delivered4.0425–4.1925/bu+0.03−50–−35¢/BuDecember (Z)—
Terminal ElevatorsUS #2Delivered4.3225/bu+0.11−37¢/BuMay (K)4.0908
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.