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University of Arkansas economist Hunter Biram says the Mississippi River sits just below the National Weather Service critical level but is not as low as in recent years. Despite the lower river, basis has been trending upward rather than being hurt by the river conditions.
Basis strength despite lower river levels suggests the logistics squeeze is not yet pressuring local cash prices, so the near-term price impact looks limited.
rfdtv.comRFD-TV NEWS STAFFNov 18, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
