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The markets job.
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Yogi
Posted 9/5/2024 07:56 (#10879179 - in reply to #10879023)
Subject: RE: The markets job.



Durant EC Iowa
Barge rates are soaring - making it more expensive for overseas buyers to source U.S. grain. Rates for barges coming from the St. Louis, Missouri, area were 65% higher in late August than the three-year average, according to Steenhoek and USDA data.

Edited by Rod@night 9/5/2024 07:08


End users? Isn't that the main reason basis values change so farmers get a lower price under these conditions? I would argue farmers take a bigger hit than elevators or end users.
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