# Cash bids mostly lower - High Plains Journal

> Cash grain bids were mostly lower in the week to November 2, with wheat, corn and sorghum down while soybean bids firmed. Weekly U.S. export inspections showed declines for corn, soybeans, wheat and sorghum. Kansas City December wheat futures closed at $7.98 1/4.

- Date: 2021-11-08 · published 2021-11-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44133-cash-bids-mostly-lower-high-plains-journal
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower cash bids reflect softer export demand and ample local supplies, which pressure feed grain values at the buyer level. Soybean strength partly offsets the broader weakness.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼
- SORGHUM: bearish ▼

## Sources

- hpj.com: https://hpj.com/2021/11/08/cash-bids-mostly-lower-10/

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