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Corn barge bids firmed slightly at US Gulf terminals while soybean barge bids eased on Thursday as freight costs steadied. Traders noted intense South American competition for soybean sales and weak Chinese demand.
Steadier barge freight and firm corn basis support Gulf export pricing, while soybean weakness reflects competition from Brazil and Argentina that pressures US soybean values.
tradingview.comMay 1, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
