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The Missouri River is still recovering from 2019 flood damage, with channel shoaling causing light-loading, delays and navigation accidents. A new Iowa grain terminal and a Kansas City port grant signal investment in river navigation despite the ongoing problems.
Shoaling forces barges to load light and raises transport costs, which supports barge freight rates and limits the reach of Missouri River grain shipments. Ongoing investment helps long-term capacity but does not relieve current constraints.
waterwaysjournal.netWaterways JournalOct 23, 2020Not 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.
