Barge traffic under the I-40 bridge near Memphis has been reopened Friday after being closed since Tuesday.
Iowa State University ag economist Chad Hart said recent drops in grain prices following USDA’s supply and demand report and the temporary stoppage in barge traffic won’t slow grain’s bull market long-term.
“Let’s face it,” he said. “We’re still talking about nearby corn futures with a six in front of them, we’re still talking about nearby soybean futures well into the teens.
