
The USDA AMS grain bid report shows cash prices and basis mostly steady across inland markets, while Gulf export bids for corn and soybeans moved in opposite directions. The report covers Kansas, Illinois, Louisiana, Texas, Portland, Indiana and Ohio.
Routine cash bid data shows Gulf corn firming and soybeans easing, which signals small shifts in export demand. The move is too small to shift prices meaningfully.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
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.