WASHINGTON, D.C. (RFD-TV) — Export inspections showed a sharp split to end October — supportive for corn, softer for soy. USDA reported 65.7 million bushels of corn inspected for export in the week ended Oct. 30, while soybeans slipped to 35.5 million bushels. Wheat posted 12.9 million bushels and sorghum 2.7 million. For farmers, that mix points to firmer corn basis near river and rail loadouts, while soybean cash strength may hinge more on local crush and quick-ship export slots over the next couple of weeks.
Corn inspections rose 34 percent week over week and 109 percent from the same week last year; soybeans fell 17 percent on the week and 58 percent year over year. By destination, soybeans were heavy to Egypt and Italy out of the Gulf and to Japan and Vietnam via the Pacific Northwest; corn moved broadly with strong Gulf loadings.
Regional soy flows underscore the river’s role: Gulf ports handled ~23.1 million bushels this week, with the PNW near 5.1 million, Interior 7.0 million, and North Texas 4.4 million. Year to date, corn inspections are up 64 percent versus last year, wheat is up 20 percent, while soybeans are down 40 percent.
At the farm gate, expect relatively better corn bids where barge and unit-train capacity is available. At the same time, soybean basis may remain choppy as exporters juggle vessel lineups and interior crush runs at full capacity. Watch Gulf drafts, PNW lineups, and daily sales wires — any confirmation of fresh China demand could quickly tighten nearby soybean basis.
Farm-Level Takeaway: A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
Tony St. James, RFD-TV Markets Expert
Freight volatility increasingly determines export margins, making logistics costs as important as price in marketing decisions.
January 14, 2026 06:00 AM
·
China’s beef policy risk stems from domestic volatility, making export demand inherently unstable. Jake Charleston with Specialty Risk Insurance offers his perspective on cattle markets, risk management, and producer sentiment.
January 13, 2026 02:13 PM
·
USDA flash corn sales, Cattle on Feed and Inventory reports, and beef packer antitrust concerns dominate January agricultural market news.
January 13, 2026 01:53 PM
·
Larger grain stocks increase supply pressure, but strong fall disappearance — especially for corn and sorghum — suggests demand remains an important offset.
January 13, 2026 01:02 PM
·
Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
January 13, 2026 12:53 PM
·
Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
January 13, 2026 12:34 PM
·
Strong pork demand and improving beef exports outside China support protein markets despite ongoing trade barriers.
January 13, 2026 06:00 AM
·
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
January 12, 2026 03:51 PM
·
Logistics capacity remains available, but winter volatility favors flexible delivery and marketing plans. NGFA President Mike Seyfert provides insight into grain transportation trends, trade policy, and priorities for the year ahead.
January 12, 2026 02:52 PM
·