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An Idaho Ag Today commentary argues that on-farm grain storage lets producers avoid forced sales at harvest lows. It recalls the 2017 season, when low Mississippi River levels cut barge traffic, spiked barge rates to two or three times normal, and left buyers with wide basis.
Storage-holding farmers can now benefit from an attractive carry market and forward contract.
The piece is general advice rather than a new supply or demand event, so it has little direct price effect. It does highlight that basis and barge costs can widen sharply when river logistics fail at harvest.
aginfo.netAug 8, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
