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
Fewer DEF-related shutdowns could mean more uptime during planting and harvest seasons.
Rising fertilizer costs tied to tariffs are tightening margins for U.S. wheat growers, according to new data from the National Association of Wheat Growers.
Shaun Haney, host of RealAg Radio, outlines potential risks for agriculture as negotiations continue between the two countries
Jose de Jesus explains the National Pork Board’s new campaign, “Taste What Pork Can Do,” which aims to build long-term engagement with Millennial and Gen-Z consumers.
Rising costs are significantly extending walnut profitability timelines.
Consistent sorghum quality supports strong export demand potential.

LATEST STORIES BY THIS AUTHOR:

Watch AARP Live tonight at 7:30 PM ET on RFD-TV to learn more about ways to reduce expenses and make smart financial choices.
Valley Irrigation’s Darren Siekman explains the advantages of their new pivots for growers managing acreages of up to 60 acres.
ASFMRA’s George Baird shares insight on spring planting progress, acreage trends, and the financial factors influencing Mid-South farmers this season.
Jeramy Stephens with National Land Realty explains how the Supreme Court’s tariff ruling and ongoing ‘America First’ trade policy raise new questions about U.S. farmland values and agricultural market stability.
The San Antonio Stock Show and Rodeo concluded last night, marking the end of another successful year showcasing youth exhibitors, livestock producers, and the spirit of agriculture.
Kurt Kovarik of Clean Fuels Alliance America joined us to break down the latest developments in the Renewable Fuel Standard rulemaking process and what it could mean for agriculture, energy markets, and rural economies.