Rail cars are hard to come by and low river levels limit barges.
So grain handling and movement is getting tough. Some storage space is being set aside for soybeans and, while the corn and bean situation appears similar, the soybean market signals are somewhat different. Central Missouri cash bids represented a basis of about forty to fifty cents under the November futures. Higher prices might be possible. Many question USDA's September production numbers and acreage will be surveyed again to determine abandoned acres in dry areas.