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Low Lower Mississippi water levels last season forced barges to carry lighter loads and some vessels waited at anchorage for deeper water below Memphis. Higher per-bushel transport costs widened Arkansas soybean basis relative to Chicago futures.
Farmers absorbed the lower local cash prices.
Higher freight costs and wider basis lower the price Arkansas farmers receive and raise the cost of moving soybeans downriver. Barge capacity constraints keep upward pressure on river freight.
soyscape.comJul 3, 2025After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
Not 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.
