# CIF/FOB Gulf Grain-Corn, soybean barge basis steady firm as futures slip

> Spot barge basis bids for US soybeans and corn at Gulf Coast terminals were steady to firmer on March 20 as CBOT futures fell. Farmer sales to river elevators slowed, tightening supplies for exporters. China's soybean imports from the US in January and February were down nearly 84% year on year.

- Date: 2026-03-20 · published 2026-03-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/20355-cif-fob-gulf-grain-corn-soybean-barge-basis-steady-firm-as-futures-slip
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Firm Gulf basis with weak futures signals tight near-term exporter supply, but weak US export demand and cheap Brazilian beans limit upside for soybeans and corn.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- longbridge.com: https://longbridge.com/en/news/279996720

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