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A soybean farmer described routing trucks around bridges whose weight limits have been lowered, forcing detours and limiting loads to a few hundred bushels. The article notes a recently passed infrastructure bill includes provisions to address these deficiencies.
Local road and bridge limits raise harvest hauling costs at the farm level but have little direct effect on national grain supply or prices.
soygrowers.comNov 24, 2021Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% over 20.
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.
