Updated Daily — USDA AMS

Magnolia, AR Grain Cash Bids

Compare local elevator bids for corn, soybeans, and wheat near Magnolia, Columbia County.

Today's Cash Bids Near Magnolia, AR

Corn (CBOT Dec)
$4.82
Basis: −$0.18
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Soybeans (CBOT Nov)
$10.41
Basis: −$0.24
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Wheat (CBOT Jul)
$5.12
Basis: −$0.28
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Arkansas State Avg
$4.76
Corn
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Local Elevator Market Context — Magnolia

Southwest Arkansas grain hub near the Texas border. Columbia County is a significant Arkansas soybean and corn producer. Red River drainage provides barge export access.

Magnolia sits in Columbia County's southwest Arkansas production zone — adjacent to both Louisiana and Texas grain markets. Red River barge access connects to the Mississippi River export corridor via the Ouachita-Black river system. Texas border elevator competition can be meaningful — when Texas feedlot demand is strong, Columbia County corn bids respond. Soybean bids track Gulf export economics via the river network.

Cash bids for Magnolia area elevators are reported to USDA AMS through the Arkansas Daily Grain Report. GrainBrief pulls this data every morning at 6:00 AM CT. Sign up free to see the current bid and historical basis chart for Magnolia.

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Understanding Magnolia Grain Basis

Grain basis is the difference between the local elevator cash bid and the nearby CBOT futures contract. For Magnolia, Columbia County, the basis reflects transportation costs to export terminals, local supply and demand balance, and elevator margin.

A strengthening basis (moving toward zero or positive) means local demand is increasing relative to futures — elevators are bidding more aggressively for your grain. A weakening basis means local supply is ample or export demand has softened.

Factors that affect Magnolia area basis include: proximity to river export terminals, local processor demand (ethanol, crush, livestock feeding), seasonal harvest pressure, and freight costs from this location to terminal markets.

Basis SignalWhat It MeansMarketing Implication
Basis narrows (strengthens) Local demand exceeding local supply; elevator bidding up Good time to sell — local pricing is strong relative to futures
Basis widens (weakens) Local supply ample; elevator has less urgency to buy Consider storing if carry is positive on futures — wait for demand signal
Basis vs. 5-yr average Compare current basis to historical seasonal pattern If current basis is stronger than average, seasonal advantage may not persist

Market Signals Affecting Magnolia Bids

CFTC COT — Managed Money
USDA Export Sales Pace
Ethanol Crush Margin
Soybean Crush Margin

More Arkansas Grain Price Pages

Frequently Asked Questions — Magnolia Cash Bids

Where does GrainBrief get Magnolia cash bid data?

GrainBrief pulls daily grain cash bid data from USDA Agricultural Marketing Service (AMS) via their MARS API. The Arkansas Daily Grain Report covers elevator bids reported throughout the state each morning. This is the same underlying data used by DTN, Barchart, and other commercial grain data providers.

How often is the Magnolia data updated?

GrainBrief ingests USDA AMS data daily at 6:00 AM CT. USDA typically publishes Arkansas grain bids between 9:00 AM and noon local time. Create a free account to get email alerts when new bids are posted.

Can I submit a bid I heard at my local elevator?

Yes — use the What's Your Bid? form to anonymously submit your local elevator's cash bid. Your submission helps other farmers in Columbia County and surrounding areas benchmark whether they're getting a competitive price. No sign-in required and your IP address is never stored.

Page reviewed: 2026-06-03 Topic: magnolia arkansas cash bids Sources: USDA AMS, local elevator bid context, futures basis relationships, freight, storage, and GrainBrief source-health checks

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