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The Mississippi and Illinois river levels at Alton, Grafton and Hardin are dropping as forecast by the National Water Prediction Service. Grafton Ferry operations resumed on May 3 after a closure caused by high water.
Flood warnings had been issued for the area the prior week.
Falling river levels should ease flood-related barge port closures and restore normal barge operations. The effect on grain prices is minor and localized.
m.riverbender.comDan BrannanMay 3, 2026Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% over 20.
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.
