USDA Minneapolis, MN Grain Closing 10/28 14:00

USDA Minneapolis, MN Grain Closing                 10/28 14:00
Minneapolis Daily Grain Report
AMS_3046
10/28/2020




 
Today's  wheat receipts on the Exchange Floor were 2  cars and 4 trains.
Last year's receipts were 11 cars and 0 trains.
Prices Reflect No.
1 Milling Quality Only.
Milling Quality is defined as 300 or better Falling Numbers; 58 lbs 
or better 
test weight; 13.5 pct or less Moisture; 1.5 Pct or less Damage; 
1.5 Pct or less Dockage and 2.0 ppm or less vomitoxin.

Coarse
Bid
US #1  Soybeans  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Nov         -43X/-37X    DN 2-DN 3       10.14-10.20DN .27-DN .28   10.16 DLVD-T
Apr         -39K/-37K    DN 1-UNCH 0     9.97-9.99  DN .18-DN .17   9.98  DLVD-T
May         -35K/-32K    DN 1-UNCH 0     10.01-10.04DN .18-DN .17   10.02 DLVD-T
Jun         -27N/-26N    UNCH 0          10.08-10.09DN .16          10.08 DLVD-T
Jul         -25N/-24N    UNCH 0          10.10-10.11DN .16          10.10 DLVD-T
Current     -43X/-39X    DN 2-DN 5       10.14-10.18DN .27-DN .30   10.15 DLVD-T


US #2 Yellow Corn  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Nov         -38Z/-33Z    UNCH 0          3.63-3.68  DN .14          3.66  DLVD-T
Apr         -18K/-13K    UNCH 0-UP 1     3.87-3.92  DN .11-DN .10   3.90  DLVD-T
May         -13K/-10K    UNCH 0          3.92-3.95  DN .11          3.94  DLVD-T
Jun         -17N/-13N    UNCH 0          3.88-3.92  DN .11          3.91  DLVD-T
Jul         -15N/-12N    UNCH 0          3.90-3.93  DN .11          3.92  DLVD-T
Current     -38Z/-33Z    UNCH 0          3.63-3.68  DN .14          3.66  DLVD-T


US #1/2  Rye  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current                                  5.00       UNCH .00        5.00  DLVD-T


US #1/2  White Oats  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     -26Z/45Z     UNCH 0          2.70-3.41  DN .12          3.05  DLVD-T


US #1 Hard Red Winter Wheat  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     95Z/95Z      UNCH 0          6.38       DN .06          6.38  DLVD-T
Protein: 11.0%
Current     100Z/100Z    UNCH 0          6.43       DN .06          6.43  DLVD-T
Protein: 12.0%
Current     100Z/100Z    UNCH 0          6.43       DN .06          6.43  DLVD-T
Protein: 13.0%


US #1 Northern Spring Wheat  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     10Z/10Z      UNCH 0          5.62       DN .09          5.62  DLVD-T
Protein: 13.0%
Current     10Z/10Z      UNCH 0          5.62       DN .09          5.62  DLVD-T
Protein: 14.0%
Current     10Z/10Z      UNCH 0          5.62       DN .09          5.62  DLVD-T
Protein: 15.0%


Bid/Ask/Trade

US #1 Milling NS/DNS Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     115Z/115Z    DN 15           6.67       DN .24          6.67  DLVD-R
Protein: 14.0%
Current     130Z/170Z    UNCH 0          6.82-7.22  DN .09          7.02  DLVD-R
Protein: 15.0%


Nominal

US #1 Milling NS/DNS Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     110Z/110Z                    6.62        0              6.62  DLVD-R
Protein: 13.5%
Current     105Z/120Z    UNCH 0-UP 15    6.57-6.72  DN .09-UP .05   6.64  DLVD-R
Protein: 14.5%



*some data may have been truncated for formatting purposes*

CBOT/KCBT/MGE Trade month symbols:  F January; G February; H March; J April; K
May; M June; N July; Q August; U September; V October; X November; Z December

/NC: New Crop
/OC: Old Crop
/FN: Falling Numbers

Freight Codes:
FOB: Freight On Board
DLVD: Delivered
T: Truck, R: Rail, RB: River Barge, T/R: Truck/Rail, R/B: Rail/Barge,
T/R/B: Truck/Rail/Barge

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