National Ag News
Ice impeding inland waterway transportation, hurting cash basis
Jan 22, 2018, 17:12 PM
by
System
Ice accumulations hampering transportation on inland waterways are negatively impacting local prices for farmers.
Soy Transportation Coalition executive director Mike Steenhoek says grain barge tonnage along the Mississippi, Illinois, and Ohio Rivers has been reduced more than 60 percent the first two weeks of January.
“Eighty percent of soybean exports depart this country between the months of September and February, so this is when we really are the supplier for the international market.
