Just as soybean harvest ramps up and corn harvest is not far behind, the basis along the U.S. river system has been falling apart due to low-water conditions on the river. Adding to the fall in basis is higher barge freight costs, which have jumped up due to the harvest demand for barges and the problems getting them to shippers.
Light rain and snow are in store for the northern Plains and northern Midwest Friday. Other primary crop areas will be dry. Conditions will favor late-stage harvest in the eastern Corn Belt. Very warm and dry southern Plains conditions will extract more soil moisture. » More DTN Weather Commentary
Posted at 5:57AM Fri Nov 24, 2017 CST
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