US Gulf Soybean Barge Bids Steady to Firmer on China Sales
US Gulf Coast CIF soybean basis bids were steady to stronger Monday, reflecting exporter demand amid a run of US soybean sales to China.
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CIF/FOB Gulf Grain — Soy barge bids steady — firm as sales to China pick up
CHICAGO, Oct 16 (Reuters) — Basis bids for soybeans shipped by barge to the US Gulf Coast were steady to stronger on Friday following a flurry of US soybean sales to China this week, traders said. Meanwhile, farmers have been actively harvesting soybeans and corn in the Midwest, although late-week rains slowed progress
US Gulf Soybean Barge Bids Steady to Stronger
Basis bids for soybeans shipped by barge to the US Gulf Coast were steady to stronger Friday, traders said, following a flurry of US soybean sales to China this week.
US cash grains: soy basis steady as rain slows harvest, corn flat
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.
US cash grains: soy basis mixed as Midwest harvest delays continue
Spot soybean basis bids were mixed across the US Midwest as rain-related harvest delays and scattered harvesting affected local supplies. Corn basis bids were steady to stronger, while USDA said corn harvest was 18% complete and soybeans 17% complete nationally.
US cash grains: soy basis mostly steady, weak at some Midwest sites
Spot soybean basis values were mostly steady to weaker in the US Midwest as scattered weekend harvest activity brought fresh supplies to processors. Corn basis bids were steady to stronger, while futures fell after soybeans were excluded from proposed tariff cuts.
US cash grains: soy processor bids gyrate amid uneven harvest progress
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.