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Soybean barge bids to US Gulf terminals edged higher on Friday as freight costs rose at some Midwest river locations. Traders monitored falling Mississippi River water levels that could complicate barge movement during the coming harvest, and China continued to favor South American soybeans.
Lower river levels raise barge freight costs and can slow grain movement just as harvest ramps up, which supports Gulf basis and freight rates. Continued Chinese avoidance of US soy keeps export offers capped.
tradingview.comSep 5, 2025After 230 past neutral logistics events, SOY moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% over 20.
After 284 past neutral logistics events, CORN moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
