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
Kansas row crop farmer Brad Keeler joins us to discuss drought conditions, planting decisions, input costs, and overall farmer sentiment in his region.
Congressman Gary Palmer of Alabama joined us to discuss federal overreach, transparency efforts, and legislative solutions impacting agriculture on this week’s Champions of Rural America.
Donald Chase of Chase Farms joined us to discuss drought conditions, planting progress, input costs, and the outlook for Georgia agriculture.
Tasting events in Ghana highlight potential for new export markets
Paul Neiffer outlines the requirements and when the change takes effect
Ag Secretary Brooke Rollins hints at new fertilizer plan while trade deals, soybean markets, and farm bill momentum drive ag policy discussion.

LATEST STORIES BY THIS AUTHOR:

Students say the program builds confidence, teamwork and a sense of purpose.
Roger McEowen breaks down the EPA’s updated dicamba regulations and shares what farmers need to do to remain compliant under the new rules this growing season.
Jarrod Hardke with the University of Arkansas break down extreme drought conditions, shifting planting decisions, and the impact of rising input costs on Arkansas agriculture this season.
Oklahoma livestock economist Dr. Derrell Peel helps us break down the April Cattle-on-Feed report and what it signals for herd rebuilding, supplies and prices moving forward.
Tariff refunds are underway, potentially returning billions to importers, as agriculture groups push for a larger role in trade policy and investigations.
Patrick De Haan with GasBuddy joined us to discuss diesel price volatility and what farmers can expect as geopolitical tensions continue to impact energy markets.