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US inland waterway tonnage recovered to 52.1 million tons in November 2021, the highest monthly level since October 2019 and up 25% from June 2020. Selected barge grain movements were slightly lower in 2021 than in 2020, according to USDA data cited in the article.
Soy Transportation Coalition figures showed the Mississippi/Gulf is the leading export region for soybeans.
Barge capacity and freight rates on the Mississippi shape the cost of moving corn and soybeans to Gulf export terminals. Stronger river tonnage can support barge demand and freight costs, which feed into basis and delivered feed prices.
marinelink.comBarry ParkerMar 7, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
