Posted 9/27/2023 08:33 (#10418087 - in reply to #10418045) Subject: RE: River Basis
S Illinois
Definitely not normal in his location. Barge rate costs have tripled with low water. Not 2005 post Katrina bad, but its slowly getting there. Will ripple outward from the river until the water level comes back up. This means basis pressure on processors and country elevators alike.
River Basis
