News & Publications
October 13, 2025 |
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.