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The Illinois Soybean Association says about two-thirds of Illinois soybeans are exported and about half leave through the Gulf via the Mississippi and Illinois rivers to New Orleans. It notes that barges carry about 52,000 bushels each, more than containers, while rail and containers suit smaller, faster orders.
The reliance on Gulf barge logistics shows how river conditions affect Illinois soybean basis and export competitiveness. It is a background explainer rather than a new market-moving event.
ilsoy.orgILSoybeanJan 28, 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.
