# Corn bids drop, soy barge bids remain firm

> Soybean barge bids strengthened on exporter demand and higher barge freight costs, while corn barge bids dropped slightly on Chinese purchases. USDA reported a further 204,000 tonnes of private grain sales to China, bringing the total to 2.752 million tonnes as of mid-March. Freight rose on Midwest rivers, with higher demand on the Illinois and Mississippi rivers.

- Date: 2023-03-27 · published 2023-03-27T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/14859-corn-bids-drop-soy-barge-bids-remain-firm
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Higher river freight and stronger soybean barge bids raise the cost of moving U.S. grain to export positions, while Chinese corn demand weighs on local corn bids.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-02-06 | [Soybean, corn barge bids firm, following freight up](https://feedsoft.ai/events/16474-soybean-corn-barge-bids-firm-following-freight-up.md) | -2.8% | -4.1% |
| SOY | 2025-02-19 | [Corn, soybean barge bids turn higher](https://feedsoft.ai/events/16468-corn-soybean-barge-bids-turn-higher.md) | -0.7% | -2.5% |
| SOY | 2025-07-18 | [Soy and corn barge bids firm; freight costs eyed — TradingView News](https://feedsoft.ai/events/23940-soy-and-corn-barge-bids-firm-freight-costs-eyed-tradingview-news.md) | -1.7% | -1.3% |
| SOY | 2026-01-27 | [Soybean, corn barge basis bids turn higher on firm freight, weather woes — TradingView News](https://feedsoft.ai/events/21221-soybean-corn-barge-basis-bids-turn-higher-on-firm-freight-weather-woes.md) | -0.1% | +7.3% |
| SOY | 2025-04-10 | [Soybean barge basis firm on river shipping delays](https://feedsoft.ai/events/16455-soybean-barge-basis-firm-on-river-shipping-delays.md) | +2.6% | +2.4% |
| CORN | 2025-02-18 | [Corn, soybean barge basis firm as some rivers rise](https://feedsoft.ai/events/26233-corn-soybean-barge-basis-firm-as-some-rivers-rise.md) | -4.4% | -2.4% |
| CORN | 2025-04-10 | [Soybean barge basis firm on river shipping delays](https://feedsoft.ai/events/16455-soybean-barge-basis-firm-on-river-shipping-delays.md) | +3.1% | -3.3% |
| CORN | 2021-05-13 | [Corn Closes Limit Down, Soybeans Drop 58¢](https://feedsoft.ai/events/12367-corn-closes-limit-down-soybeans-drop-58.md) | -7.7% | -2.2% |

## Sources

- financebrokerage.com: https://www.financebrokerage.com/corn-bids-drop-soy-barge-bids-remain-firm/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.