WEEKLY GRAIN MOVEMENT: Rain aids crops; low prices curb sales

Slow farmer selling reduces amount of crops available for shipment.

Midwest corn continues to go down river to export points and by train to the Southeast poultry and ethanol markets, but slow farmer selling has reduced the amount of crops available for shipment.

A river shipper in the Quad Cities said corn and soybean bids remain competitive at Gulf export points, but the lack of cash supplies slowed barge shipments. He noted that barge freight rates have crept higher as demand remains strong. Rates were up $3.90 per ton on the upper Mississippi R

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