Loading…
An Illinois farmer says river shutdowns delay grain shipments and basis setting, which hurts farm income. He ships non-GMO corn and soybeans by barge, mainly to South Korea and Japan, and the article highlights aging waterway infrastructure as a concern.
Reliance on aging river infrastructure exposes export grain to recurring disruptions, which can widen basis and create logistics risk for buyers of corn and soybeans.
agriculture.comNatalina Sents BauschApr 8, 2019Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% 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.
