USDA Minneapolis, MN Grain Closing 06/03 14:00

Minneapolis Daily Grain Report
AMS_3046
06/03/2026




 
Today's wheat receipts on the Exchange Floor were 23 cars and 0 trains.
Last year's receipts were 11 cars and 1 train.
nNo.
1 Milling Quality Only.
Milling Quality is defined as 300 or better Falling Numbers; 58 lbs 
or better ntest 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
 
Jul         -46N/-43N    UNCH 0          11.08-11.11DN .11          11.09 D-T   
Aug         -46Q/-46Q    UNCH 0          11.12      DN .10          11.12 D-T   
Oct    /NC  -70X/-61X    UNCH 0-DN 3     10.97-11.06DN .10-DN .13   11.00 D-T   
Current     -48N/-48N    UNCH 0          11.06      DN .11          11.06 D-T   


US #1 Northern Spring Wheat  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     -60N/-60N    UNCH 0          5.66       DN .10          5.66  D-T   
Protein: 13.0%
Current     -20N/-20N    UNCH 0          6.06       DN .10          6.06  D-T   
Protein: 14.0%
Current     40N/40N      UNCH 0          6.66       DN .10          6.66  D-T   
Protein: 15.0%


US #1/2  White Oats  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     25N/25N      UNCH 0          3.51       DN .08          3.51  D-T   


US #2 Yellow Corn  bulk
 
Terminal Elevators-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Jul         -40N/-38N    UNCH 0          3.91-3.93  DN .09          3.92  D-T   
Aug         -40U/-40U    UNCH 0          4.00       DN .07          4.00  D-T   
Oct    /NC  -60Z/-50Z    UNCH 0          3.99-4.09  DN .06          4.03  D-T   
Current     -45N/-40N    UNCH 0          3.86-3.91  DN .09          3.88  D-T   


Bid/Ask/Trade

US #1 Milling Hard Red Winter Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     140N/140N                    7.64        0              7.64  D-R   
Protein: 11.0%


US #1 Milling NS/DNS Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     130N/130N                    7.56        0              7.56  D-R   
Protein: 13.5%
Current     135N/135N                    7.61        0              7.61  D-R   
Protein: 14.0%
Current     120N/120N                    7.46        0              7.46  D-R   
Protein: 14.5%
Current     175N/190N    DN 50-DN 35     8.01-8.16  DN .60-DN .45   8.08  D-R   
Protein: 15.0%


Nominal

US #1 Milling Hard Red Winter Wheat  bulk
 
Delivered Chicago / Beyond-Conventional
Region/Location
Delivery    Basis(/Bu)  Change          Price($/Bu) Change        Avg  Freight
 
Current     100N/100N    UNCH 0          7.24       DN .10          7.24  D-R   
Protein: 13.0%



*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

[0600059A]