Soybean Discounts Skyrocket as Demand Slows the Flow of Beans Down the Mississippi River

By Katie Dehlinger , Farm Business Editor, DTN

MOUNT JULIET, Tenn. -- Mother Nature dropped 18 inches of rain on Charles Cannatella's Melville, Louisiana, farm in September. When he finally got back in the combine last Friday, his soybeans average about 10% damage from all of the moisture.