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Stories tagged with: river

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River levels weighing on farmers’ bottom line

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Record low water levels on the Mississippi River are weighing on the bottom line of farmers. American Soybean Association Vice President Daryl Cates farms near the river in Columbia, Illinois. He tells Brownfield if they don’t get significant moisture in the next few... Read More.

Expert says ag shipments shifted by low river

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A grain and oilseed specialist says the water levels in the Mississippi River are slowing down the export market significantly.  Rabobank strategist Steve Nicholson tells Brownfield the impact is already being felt at the Gulf of Mexico ports with basis levels increasing above... Read More.

MO grain elevators prep for longer river delays

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Grain elevators are making more space to hold commodities in anticipation of continued barge delays on the Mississippi River. In Silex, Missouri, Central Elevator is repairing and certifying older grain storage structures that haven’t been used in up to 10 years. General manager... Read More.

Basis levels drying up along Mississippi River

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Basis prices are softening along the Mississippi as river levels dry up. University of Minnesota Extension grain market economist Ed Usset tells Brownfield the basis for corn at the Savage barge loading facility south of the Twin Cities is 25 cents below southwest Minnesota. “That should... Read More.

Mississippi river levels still low, concern U.S. soy

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Soy Transportation Coalition Executive Director Mike Steenhoek says Mississippi River levels at Memphis, Tennessee continues to be a problem for barge movement. “You’re only as strong as your weakest link. You eventually have to pass through that constricted area. These challenges at one... Read More.
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