# Louisiana and Texas Export Bids: Corn, Soybean and Wheat Basis Steady

> USDA AMS reported on November 4, 2026 that most Gulf Coast basis levels for corn, soybeans and wheat at Louisiana ports were unchanged. Cash and forward bids for US No. 2 yellow corn and No. 1 soybeans moved with futures, with soybean futures-linked bids down about 8.5 cents and corn bids up about 1.75 cents.

- Date: 2026-11-04 · published 2026-11-05T01:37:21.505Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/80946-louisiana-and-texas-export-bids-corn-soybean-and-wheat-basis-steady
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Steady Gulf basis alongside moving futures means the export price move is coming from CBOT futures rather than from local demand, so Gulf export buyers are seeing modest price changes. Soybean bids falling while corn rises points to a weaker soybean complex, with corn year-ahead bids still well above last year's levels.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral
- WHEAT: neutral

## Sources

- indexbox.io: https://www.indexbox.io/ko/blog/louisiana-and-texas-export-bids-show-mixed-grain-moves/

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