The deputy ag director at the Missouri Agriculture Department says domestic markets might offer greater potential for grain producers along the Mississippi River after harvest.
The Mississippi River is low again with limited barge movement anticipated and a wider basis for ag commodities. Chris Klenklen says farmers might find domestic markets more competitive.
“Typically, the Bootheel of Missouri has the best basis, they’re the closest to New Orleans. But if they’re having trouble getting barges loaded in New Orleans, the elevators down there won’t post a good price,” he says.