
Early ice formation has appeared on the Upper Mississippi, Illinois and Ohio river valleys, with ice couplings required on locks from Dresden Island south. Low river stages persist on the lower river and the Missouri River navigation flow support has ended.
Ice and low water constrain barge capacity during winter, which can raise freight costs and delay grain shipments to export terminals.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
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.