Corn and soybeans are needed at U.S. Gulf export points, producing demand for barges that continues to push up barge rates and keep a lid on cash bids to farmers who sell crops into the river markets.
Late in the week, barge rates went to 248% of tariff on the mid-Mississippi versus 238% a week earlier, and rates went to 178% of tariff at St. Louis versus 160% the week earlier. However, those rates are still down from year-ago levels.
Much of the demand has been for corn, wi
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