Soy barge bids firm as exports to China continue
Bullish strength: 75/100
- USDA confirmed 136,000 metric tons of US soybean sales to China.
- Weekly soybean export inspections reached 2,444,828 metric tons.
- Nearly half of inspected soybean exports moved through the Gulf.
- November Gulf soybean barge bids increased 1 cent to 115 cents over CBOT futures.
Bearish strength: 25/100
- US soybean harvest reached 88% completion, ahead of the five-year average of 84%.
- Corn barge bids declined 3 cents to 92 cents over CBOT December futures.
- Wheat export inspections totaled 75,413 tons, below trade expectations.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.