Loading…
Kansas State University grain economist Guy Allen says grain transportation has been steady this harvest, with rail freight costs not especially high. Mississippi River water levels have been sufficient, so there have been no draft restrictions or delays.
Grain supplies are exceeding earlier expectations, though Kansas, the Dakotas and Minnesota storage remains below full capacity.
Low freight costs and an unrestricted river support reasonable local basis values at harvest, which limits pressure on farm-gate prices. Ample supply and storage concerns could weigh on prices if freight stays cheap and grain keeps moving.
rfdtv.comNeal Burnette-IrwinNov 2, 2026Not 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.
