NewsSignalsAI analysis·Reuters·Nov 14, 2026

Corn, soybean basis bids largely steady

Grade Bbullish AI signal$CORN$SOYBEANS

US Midwest corn and soybean basis bids remained largely steady on Friday, signaling generally stable local cash-market conditions despite a few regional changes. USDA reported 2.9 million metric tons of corn export sales and 1.2 million metric tons of soybean export sales for the week ended November 5, while CBOT January soybeans gained 12.5 cents and December corn rose 3 cents. Stronger export demand and an expected recovery in soybean crushing could support grain prices, although mostly unchanged basis bids suggest limited immediate shifts in local supply-demand conditions.

Bullish strength: 65/100

Corn export sales reached 2.9 million metric tons, at the high end of analyst expectations.
Soybean export sales totaled 1.2 million metric tons, within analyst expectations.
CBOT January soybeans gained 12.5 cents and December corn rose 3 cents.
October US soybean crushing was expected to recover from the previous month's 13-month low.

Bearish strength: 35/100

Soybean basis weakened at the Sioux City, Iowa crushing plant.
Corn and soybean basis bids were largely unchanged, indicating limited improvement in local cash-market conditions.

This is automated NewsSignalsAI analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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