Mississippi River backlogs have divided opportunities for farmers within the Corn Belt.
Ag consultant Angie Setzer with Consus tells Brownfield basis levels have widened and are weaker than normal as low water levels along the river system have pressured grain markets.
“You’re seeing a huge dichotomy kind of set up west versus east,” she says. “The Eastern Corn Belt is likely to stay reduced especially if we don’t see this uptick in soybean export demand out of the Gulf going beyond December.”
She says delays have reduced confidence among buyers and added to export costs.
