Expert: Basis Trends Upward Despite Mississippi River Levels Trending Lower

Hunter Biram, an extension economist with the University of Arkansas, is tracking Mississippi River water levels as grain shippers shift their focus to transportation following the wrap-up of fall harvest.

LITTLE ROCK, Ark. (RFD-TV) — Hunter Biram, an extension economist with the University of Arkansas, is tracking Mississippi River water levels as grain shippers shift their focus to transportation following the wrap-up of fall harvest.

Biram joined us on Tuesday’s Market Day Report to break down current river conditions, how they compare to previous years, and what they mean for barge freight costs as the industry moves deeper into the post-harvest shipping season.

In his interview with RFD-TV News, Biram discussed where Mississippi River levels currently stand and whether these conditions align with typical seasonal patterns.

He said that right now, the river sits just below the critical level as set by the National Weather Service, but it is not nearly as low as we have seen in recent years. He also noted that, despite the river levels trending lower, they have not had an impact basis. Instead, the basis is trending upward.

Biram also outlined the latest outlook for river levels in the weeks ahead and explained the potential ripple effects on transportation costs and market timing if low levels persist. He also underscored the central role the river system plays in U.S. grain movement and how fluctuations can impact both exporters and producers, especially in the Southern U.S.

Related Stories
Connected Nation is marking 25 years with a 25-hour livestream attempting a Guinness World Record while promoting internet literacy and rural connectivity.
The census will collect population data on 15 breeds currently on the Conservation Priority List.
Fred Nichols at Huma says growers should evaluate yield records, nutrient needs, fertilizer prices, soil health, and timing to determine the fall fertility strategy that best fits their operation.
What started with free pizza at a sixth-grade FFA meeting eventually led Nowotny to national office.

LATEST STORIES BY THIS AUTHOR:

Stronger finished-lumber prices have yet to translate into broad gains for timber owners.
U.S. soybean transportation costs to China climbed 12% from a year earlier.
Paraguay could gain additional U.S. market access through a temporary tariff-free quota.
American dairy producers are no longer subject to Environmental, Social, and Governance (ESG) overregulation.
New systems are moving beyond data analysis to make real-time decisions directly on farm equipment.
New data tool brings modern, streamlined data access to producers nationwide