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Ken Eriksen of Polaris Consulting discussed barge transportation and agriculture at the St. Louis Freightweek event. He said Mississippi River commerce averages $273 million a day, mostly grain, and that a Big River Coalition study on draft restrictions and freight rates will be finished in late summer.
Barge availability and freight rates feed into the basis price for Midwest grain. Ongoing tariff uncertainty also makes export flow forecasting harder.
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.