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The U.S. Army Corps of Engineers is removing rock from a bend in the Mississippi River at Thebes, Illinois, near Cape Girardeau, to widen the channel. The work continues while water levels stay low enough for heavy equipment, and traffic is not being shut down.
Channel work at low water could slow barge traffic and add delays for grain shipments, which can widen Gulf basis and lift local barge freight costs.
stlpr.orgWayne PrattSep 26, 2017Not 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.
