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CHICAGO, Sept 23 (Reuters) — Basis bids for soybeans shipped by barge to the US Gulf Coast held steady on Wednesday, while export premiums declined as a rapidly advancing harvest in the southern US crop belt boosted fresh supplies available to Gulf exporters. Market participants also remained focused on developments fr
Basis bids for corn shipped by barge to the US Gulf Coast were steady to higher, while soybean basis bids were flat as traders looked for a this-week US President Donald Trump–Chinese President Xi Jinping meeting to potentially expand Chinese buying of American crops.
Analysts’ estimate range for U.S. soybean export sales for the week ended Sept. 10, in thousand metric tons (parentheses indicate negative numbers). Figures cover combined sales for all marketing years unless otherwise indicated.