# Weekly Grain Movement – March 6, 2017

> Grain barges were being loaded in the Quad Cities as shippers prepared for the Upper Mississippi navigation opening. Gulf corn and soybean basis eased on expectations of higher barge volumes, and South American competition weighed on Gulf bids.

- Date: 2017-03-06 · published 2017-03-06T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/71890-weekly-grain-movement-march-6-2017
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Expected barge volume increases should pull Gulf basis lower as more supply moves to export positions, while seasonal South American competition limits export demand for US corn and soybeans.

## Read by commodity

- SOY: neutral
- CORN: neutral
- BARGE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-05-30 | [Weekly Grain Movement - May 30, 2017](https://feedsoft.ai/events/70892-weekly-grain-movement-may-30-2017.md) | -0.2% | -3.5% |
| CORN | 2017-06-19 | [Weekly Grain Movement – June 19, 2017 \| Farm Progress](https://feedsoft.ai/events/70374-weekly-grain-movement-june-19-2017-farm-progress.md) | -5.4% | -1.7% |
| CORN | 2017-06-07 | [WEEKLY GRAIN MOVEMENT: River market improves as water levels drop](https://feedsoft.ai/events/70373-weekly-grain-movement-river-market-improves-as-water-levels-drop.md) | +0.6% | +1.5% |
| CORN | 2017-05-30 | [WEEKLY GRAIN MOVEMENT: Rising water slows Mississippi River shipping](https://feedsoft.ai/events/70890-weekly-grain-movement-rising-water-slows-mississippi-river-shipping.md) | -0.2% | -3.5% |
| CORN | 2017-03-07 | [Louis Dreyfus Company opens new grain terminal \| World-grain.com \| March 07, 2017 13:42 \| World Grain](https://feedsoft.ai/events/71889-louis-dreyfus-company-opens-new-grain-terminal-world-grain-com-march-07-2017-13.md) | -2.2% | -0.2% |
| SOY | 2017-05-30 | [Weekly Grain Movement - May 30, 2017](https://feedsoft.ai/events/70892-weekly-grain-movement-may-30-2017.md) | -0.5% | -2.1% |
| SOY | 2017-06-07 | [WEEKLY GRAIN MOVEMENT: River market improves as water levels drop](https://feedsoft.ai/events/70373-weekly-grain-movement-river-market-improves-as-water-levels-drop.md) | +1.0% | +5.7% |
| SOY | 2017-06-13 | [WEEKLY GRAIN MOVEMENT: Gulf needs corn, processors do not](https://feedsoft.ai/events/70375-weekly-grain-movement-gulf-needs-corn-processors-do-not.md) | +0.7% | +10.1% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/weekly-grain-movement-march-6-2017

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