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US Midwest spot basis bids for corn and soybeans were steady to sharply weaker on Thursday as new month began. Forecasts favor improving weather starting this weekend that should promote harvest progress after widespread delays.
Spot soybean basis was steady to stronger in the US Midwest, while corn bids were little changed as weather-related harvest delays limited new-crop supplies. USDA said the US soybean harvest was 17% complete and corn harvest 18% complete by Sunday.
Spot basis bids for soybeans were sharply mixed in the US Midwest as crushers competed for supplies while weekend harvest activity boosted deliveries in some areas. Corn basis bids were mostly steady to stronger ahead of the USDA crop progress report later Monday.
Pilgrims Pride (NASDAQ: PPC ) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. Access the full call at Summary Pilgrims Pride reported Q2 2026