# Weekly Grain Movement - Nov. 14, 2016

> Barges of corn are being loaded on the Mississippi River for Gulf export terminals as harvest movement continues. Gulf corn bids fell to 39 cents over December from 47 a week earlier, and soybean bids fell to 33 over January from 42.5.

- Date: 2016-11-14 · published 2016-11-14T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/73759-weekly-grain-movement-nov-14-2016
- 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

Falling Gulf basis bids and easing barge rates signal ample export logistics and harvest supply, which is bearish for corn and soybean cash prices and freight costs for feed buyers.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-08 | [Weekly Grain Movement - Nov. 7, 2016](https://feedsoft.ai/events/73760-weekly-grain-movement-nov-7-2016.md) | -4.7% | -2.5% |
| CORN | 2017-02-10 | [Winter Weather Delays Grain Movement to US Ports](https://feedsoft.ai/events/72399-winter-weather-delays-grain-movement-to-us-ports.md) | +0.6% | -1.5% |
| CORN | 2023-11-30 | [Grain Transportation Report, November 30, 2023](https://feedsoft.ai/events/33061-grain-transportation-report-november-30-2023.md) | +3.6% | +5.8% |
| CORN | 2021-02-18 | [Snow & Ice Storms Interrupt Grain Barge Movements \| Feed & Grain](https://feedsoft.ai/events/48528-snow-and-ice-storms-interrupt-grain-barge-movements-feed-and-grain.md) | +0.8% | -4.4% |
| CORN | 2023-08-30 | [Low Mississippi River level will challenge grain movement again this harvest](https://feedsoft.ai/events/12853-low-mississippi-river-level-will-challenge-grain-movement-again-this-harvest.md) | -0.0% | -8.2% |
| SOY | 2016-11-08 | [Weekly Grain Movement - Nov. 7, 2016](https://feedsoft.ai/events/73760-weekly-grain-movement-nov-7-2016.md) | +0.0% | +6.0% |
| SOY | 2024-11-14 | [Grain Transportation Report, November 14, 2024](https://feedsoft.ai/events/27598-grain-transportation-report-november-14-2024.md) | -1.4% | -0.8% |
| SOY | 2023-11-30 | [Grain Transportation Report, November 30, 2023](https://feedsoft.ai/events/33061-grain-transportation-report-november-30-2023.md) | -3.8% | -3.1% |

## Sources

- farmprogress.com: https://www.farmprogress.com/soybean/weekly-grain-movement-nov-14-2016

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