# Why are local bids for soybeans lower when the futures board has moved higher? - Agweek | #1 source for agriculture news, farming, markets

> Upper Midwest local soybean bids have fallen even as CBOT futures rallied on yield debate and U.S. crush demand. The article explains that the widening basis gap reflects local supply and logistics conditions rather than futures direction.

- Date: 2025-08-29 · published 2025-08-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/23361-why-are-local-bids-for-soybeans-lower-when-the-futures-board-has-moved-higher
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weak basis means farmers receive less than the futures board implies, so cash prices lag the rally. Crush demand from renewable diesel is the main support for the futures side.

## Read by commodity

- SBO: bullish ▲
- SOY: neutral

## Sources

- agweek.com: https://www.agweek.com/business/markets/why-are-local-bids-for-soybeans-lower-when-the-futures-board-has-moved-higher

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