WEEKLY GRAIN MOVEMENT: Corn, soy needed at the Gulf

Demand for barges rates about 100 points in the past month.

River terminals are busy loading corn and soybean barges destined for Gulf export points, with one shipper reporting a busy shipping schedule for much of July.

That demand for barges lifted barge rates about 100 points in the past month to about 475% of tariff as of this week at the Quad Cities. The rise in rates did pressure basis bids to farmers for a while, but those recovered when crop bids at the Gulf moved up.

“The last two weeks they jumped pretty good,” a Quad Cities

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.

Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)

Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit Feedstuffs.com and click on Subscribe at the top of the page for more information.

SUBSCRIBE NOW https://circulation.feedstuffs.com/Publications.aspx

TO RENEW YOUR SUBSCRIPTION https://circulation.feedstuffs.com/SubscriptionOffers.aspx

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.