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Abstract
This paper estimates the demand for corn and soybean shipments on the Ohio River during the 1992-
2004 period. Using monthly data, OLS (with Newewy-West standard errors) parameters estimates
were obtained for the explanatory variables. Results indicate that Ohio River corn and soybean
shipments are significantly and positively affected by one month lagged shipments, corn and soybean
stocks in the Ohio River production region, and corn and soybean exports from lower Mississippi
River Gulf ports. Some empirical support was found for a significant negative relationship between
Ohio River corn and soybean shipments and ocean shipping freight rates from lower Mississippi
River Gulf ports to Japan. Indiana corn prices did not significantly affect Ohio River corn and
soybean shipments.