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The Motor Vessel Crockett locked through Lock and Dam 2 at Hastings on March 23, the first vessel of the 2026 navigation season. Tows crossed Lake Pepin's sheet ice earlier, and Locks and Dam 25 has scheduled closures on March 25 and 27 but is otherwise open.
Early reopening of the upper Mississippi gives grain shippers more barge capacity sooner, which supports lower river freight costs and eases pressure on Upper Midwest cash grain basis.
Not 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.