# Farmers hopeful Interstate Grain Elevator will operate again

> The Interstate Grain elevator on the Corpus Christi Ship Channel is idle, leaving local sorghum farmers with only one export outlet. Farmers say the lack of competing bids cost them about $0.30 per bushel due to tariffs and weak China trade.

- Date: 2019-09-04 · published 2019-09-04T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/57154-farmers-hopeful-interstate-grain-elevator-will-operate-again
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Reduced export capacity in the Texas Gulf widens local sorghum basis and lowers farm-gate prices. Its effect on world prices is small.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- kristv.com: https://www.kristv.com/farmers-hopeful-interstate-grain-elevator-will-operate-again

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.