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CHICAGO, Oct 12 (Reuters) — Basis bids for corn and soybeans shipped by barge to the US Gulf Coast declined on Monday as the Midwest harvest expanded following days of favorably dry weather, steering fresh grain supplies into marketing channels that feed the Gulf, traders said. Farmers focused on harvesting soybeans ov
U.S. natural gas futures turned lower after the EIA reported a weekly inventory increase above expectations. The build left stocks at 3,500 Bcf, 68 Bcf above the 2021-2025 average.
US export sales highlights for Sept 24-Oct 1, 2026 showed wheat net sales of 451,600 MT for 2026/2027, up from the previous week and from the prior 4-week average, with increases primarily for the Philippines.
Basis bids for soybeans shipped by barge to the US Gulf were lower on Monday and export premiums were flat, brokers said. CIF soybean barges loaded in October traded at 92 cents over CBOT November soybean futures.
US soybean futures firmed on Monday in a technical bounce after three sessions of losses and as a recent stretch of excessive rain in the Midwest sparked concerns about crop quality. Corn futures were narrowly mixed as harvesting of the US crop was due to accelerate with mostly clear weather forecast for the Midwest ov
CBOT wheat futures rose 3-6 cents to $6.98-1/2 per bushel, corn futures firmed 1-3 cents to $5.24-3/4, and soybean futures gained 5-8 cents to $13.05-1/4, with traders positioning ahead of USDA reports.