Mississippi River
Weather news and maritime trade news related to the Mississippi River from RFD-TV News.
Mike Steenhoek of the Soy Transportation Coalition discusses industry reactions to the proposed Union Pacific–Norfolk Southern merger, the Surface Transportation Board’s review process, and current conditions on the Mississippi River.
Corn and wheat inspections outpaced last year, but soybean movement remains seasonally active yet behind, keeping basis and freight dynamics in focus by corridor.
Bioethanol is becoming a global standard. For growers, that boom comes as drops in Mississippi River levels and in soybean demand occur in tandem, leaving barge space for corn and wheat.
CoBank Lead Grains Economist Tanner Ehmke joins us to share insight and concerns over current grain storage capacity as export demand lags.
Lewis Williamson, from HTS Commodities, joined us to share insights on the farm economy from producers in the field.
Farmers face tighter barge capacity and higher freight costs during peak harvest.
Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
Farmers should watch for soybean export rebounds with harvest, while corn and wheat shipments remain strong and sorghum demand struggles.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
An economist says U.S. ag exports could fall next year due to several factors.