# High barge freight keeps US corn and soybean CIF NOLA elevated | S&P Global

> Platts assessed US Yellow Corn No. 2 CIF New Orleans barge basis at 101 cents per bushel over March corn futures on February 23, far above the 78 cents assessed a year earlier. CIF NOLA soybean basis rose to 109 cents per bushel over March futures as barge freight remained firm after winter disruptions.

- Date: 2026-02-23 · published 2026-02-23T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/16388-high-barge-freight-keeps-us-corn-and-soybean-cif-nola-elevated-s-and-p-global
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Elevated barge freight keeps Gulf export basis high, supporting US corn and soybean values at export and widening the spread against interior prices. Feed ingredient costs stay firm.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 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) | +1.4% | -7.2% |
| CORN | 2025-04-03 | [Corn barge basis edges higher as freight stays high](https://feedsoft.ai/events/25310-corn-barge-basis-edges-higher-as-freight-stays-high.md) | +2.2% | +2.7% |
| CORN | 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) | -0.0% | -2.5% |
| CORN | 2025-02-19 | [Corn, soybean barge bids turn higher](https://feedsoft.ai/events/16468-corn-soybean-barge-bids-turn-higher.md) | -5.4% | -3.4% |
| CORN | 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) | -0.7% | -0.4% |
| 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 | 2025-07-18 | [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 | 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% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/022326-high-barge-freight-keeps-us-corn-and-soybean-cif-nola-elevated

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