News & Publications

News & Publications

October 13, 2025 | Massab Qayum, summer research intern, Advance Trading

Bouncing Basis: Drought and Data Dearth Complicate Grain Markets

Bouncing Basis: Drought and Data Dearth Complicate Grain Markets

At a Glance

  • Harvest estimate: Corn, 29%; soybean 38%
  • Mississippi River levels create transportation bottlenecks
  • Basis outlook: supported inland, pressured at ports

As corn and soybean harvest operations continue across the Midwest, farmers and traders are operating without a critical resource: official USDA crop progress reports. In the absence of official statistics, market analysts are stepping up to fill the gap.

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