USDA Minneapolis, MN Grain Closing 01/20 13:55

USDA Minneapolis, MN Grain Closing                 01/20 13:55
Minneapolis Daily Grain Report
AMS_3046
01/20/2021




 
Today's  wheat receipts on the Exchange Floor were 36 cars and 3 trains.
Last year's receipts were 24 cars and 2 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 #1/2  White Oats  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     -33H/50H     UP 5-UNCH 0     3.31-4.14  UP .06-UP .01   3.72  DLVD-T


US #2 Yellow Corn  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Apr    River-23K/-22K    UNCH 0          5.01-5.02  DN .04          5.01  DLVD-T
May         -23K/-23K    UNCH 0-DN 2     5.01       DN .04-DN .06   5.01  DLVD-T
Jun         -20N/-18N    UNCH 0          4.99-5.01  DN .05          4.99  DLVD-T
Jul         -23N/-23N    UNCH 0          4.96       DN .05          4.96  DLVD-T
Current     -55H/-32H    UNCH 0-DN 1     4.67-4.90  DN .04-DN .05   4.78  DLVD-T


US #1 Northern Spring Wheat  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     5H/5H        UNCH 0          6.42       DN .06          6.42  DLVD-T
Protein: 15.0%
Current     5H/5H        UNCH 0          6.42       DN .06          6.42  DLVD-T
Protein: 13.0%
Current     5H/5H        UNCH 0          6.42       DN .06          6.42  DLVD-T
Protein: 14.0%


US #1  Soybeans  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     -55H/-50H    UNCH 0          13.14-13.19DN .16          13.17 DLVD-T
Apr    River-24K/-23K    UNCH 0          13.43-13.44DN .16          13.43 DLVD-T
May         -23K/-22K    UNCH 0          13.44-13.45DN .16          13.44 DLVD-T
Jun         -15N/-14N    UNCH 0          13.36-13.37DN .17          13.37 DLVD-T
Jul         -15N/-12N    UNCH 0-UP 2     13.36-13.39DN .17-DN .15   13.38 DLVD-T


US #1 Hard Red Winter Wheat  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     105H/105H    UNCH 0          7.42       DN .07          7.42  DLVD-T
Protein: 11.0%
Current     110H/110H    UNCH 0          7.47       DN .07          7.47  DLVD-T
Protein: 12.0%
Current     110H/110H    UNCH 0          7.47       DN .07          7.47  DLVD-T
Protein: 13.0%


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     100H/100H                    7.37        0              7.37  DLVD-R
Protein: 14.5%
Current     140H/140H    UP 20-DN 10     7.77       UP .14-DN .16   7.77  DLVD-R
Protein: 15.0%
Current     120H/120H    UP 10           7.57       UP .04          7.57  DLVD-R
Protein: 13.5%
Current     105H/105H    DN 15           7.42       DN .21          7.42  DLVD-R
Protein: 14.0%


US #1 Milling Hard Red Winter Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     100H/100H                    7.37        0              7.37  DLVD-R
Protein: 13.0%


US #2 Hard Red Winter Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     75H/75H                      7.12        0              7.12  DLVD-R
Protein: 13.0%


Nominal
US #1 Milling NS/DNS Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     120H/120H                    7.57        0              7.57  DLVD-R
Protein: 15.0%
Current     95H/95H      UNCH 0          7.32       DN .06          7.32  DLVD-R
Protein: 13.0%
Current     120H/120H    UP 35           7.57       UP .29          7.57  DLVD-R
Protein: 14.0%



*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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