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StoneX Grains Market Intelligence published a note on barge freight costs and how they affect grain movement in the US. The note is dated November 14, 2024.
Barge freight rates on the Mississippi system affect the basis and the competitiveness of US grain and meal in export markets. Higher freight tends to weigh on farm-gate and interior prices.
stonex.comGrains Market Intelligence TeamNov 14, 2024Not 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.
