Loading…
Grain movers and barge companies are struggling to fill jobs ahead of the harvest, with Ingram Barge trying to fill nearly 120 openings. Companies may need to contract outside boats, which would add cost.
USDA projects a large 2021 corn crop of 14.8 billion bushels.
Labor shortages can slow barge and elevator throughput at peak harvest, raising freight costs and widening Gulf basis. The effect is modest because most of the crop is already sold.
agri-pulse.comBen NuelleSep 1, 2021Not 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.
