USDA Report Shows Mixed Results for Gulf Coast Grain Export Bids

The USDA's latest report on Gulf Coast grain export bids reveals mixed results for corn, soybeans, and soft red winter wheat. On September 30, 2026, US No. 2 yellow corn in bulk saw a range of bids from $5.7425 to $5.8225 per bushel, with an average price of $5.7825. This represents a decline of 8-10 cents compared to the previous day's prices.

The year-over-year comparison shows a significant increase, with the average price now standing at $5.7825 compared to $4.9850 in the same period last year. Looking ahead to October, the bid for corn ranged from 60.00Z to 68.00Z cents, down 8-12 cents from previous levels.

Meanwhile, US No. 1 soybeans in bulk saw a current Louisiana bid of 81.00X to 95.00X cents, with prices ranging from $13.8750 to $14.0150 per bushel and an average price of $13.9450. This represents a significant increase compared to the same period last year, when the average price was $10.7350.

Soft red winter wheat in bulk saw a current Louisiana bid of 25.00Z to 40.00Z cents, with prices ranging from $0.9400 to $1.0900 per bushel and an average price of $1.0150. This represents a significant decrease compared to the same period last year, when the average price was $5.7425.