CIF/FOB Gulf Grain-Soybean barge bids steady to mixed

Basis bids were steady to mixed for soybeans loaded onto barges Friday and delivered to Gulf Coast terminals.

• CIF basis bids for soybean barges loaded in August rose to 103 cents a bushel over Chicago Board of Trade November futures, while bids rose to 105 cents over futures for September barges and bids rose to 108 cents over futures for October barges.
• Bids were down to 100 cents over futures for barges loaded in December.

• Corn barge basis bids for September loadings were down at 106 cents over CBOT September futures and down to 85 cents over futures for January, February and March loadings.
• The U.S. continued to sell soybeans to China. Exporters sold 136,000 metric tons of soybeans to China for delivery in the 2026/2027 marketing year, according to the U.S. Department of Agriculture.
• China's Sinograin said it would auction 360,000 metric tons of imported soybeans on August 19. The state stockpiler's fourth sale since late July supports ideas that it is clearing space for incoming U.S. soybeans, industry experts say.
• The Department of Agriculture reported net export sales of U.S. wheat in the week ended August 6 at 255,900 metric tons, in line with trade expectations for 200,000 to 500,000 tons.
• The USDA reported net export sales of U.S. old-crop corn in the week to August 6 at 410,700 metric tons, just above trade expectations, and new-crop corn sales at 924,500 tons, near the low end of expectations for 800,000 to 1,400,000 tons.
• The USDA reported net export sales of U.S. old-crop soybeans in the week to August 6 at 75,100 metric tons and new-crop sales of 1,759,900 tons, both in line with trade expectations.