Weather Extremes, Infrastructure, and Its Impacts on U.S. Corn and Soybean Basis Levels
September 23, 2022
USDA AMS Report: The margin between corn and soybean prices at collection points in the Midwest and the Gulf price reflect the costs of moving these bulk commodities from farming regions to export facilities. This report estimates the effects of weather on this margin, including the impacts on crop volumes and transportation system stress.