Infrastructure
Mississippi River Flooding Impacts on Cash Basis is Currently Limited
The inland Mississippi River system plays a major role in transporting commodities, especially soybeans and corn. When comparing the U.S. Department of Agriculture (USDA) Iowa…
Infrastructure
Upper Mississippi River Closing Extended as Flooding Continues
Farmers and merchandisers located in areas at flood levels that needed to market crops in March and April have been harmed by the limitations placed…
Infrastructure
Higher Truck Freight Rates in Brazil Spurring Investment
The Minimum Freight Rate Table (MFRT) established to end the Brazilian truckers’ strike in 2018 allows carriers to charge from 50 to 300 percent more…
Infrastructure
Truck Capacity Availability Improving in 2019
The American Trucking Associations (ATA) estimates the U.S. has approximately 3.5 million Class 8 trucks (semi tractor-trailers) operating with over 5.7 million commercial drivers. More…
Infrastructure
High Water Persists but Barge Rates Falling
The Mississippi River continues to have high water levels disrupting barge traffic. The opening of the upper Mississippi River for commercial traffic continues to be…
Infrastructure
Brazilian Government Supports Higher Freight Rates
With Brazilian corn and soybean crops’ estimated crop size continually increasing, the importance of the Minimum Freight Rate Table (MFRT) also continues to rise. In…