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Barge carrier ACBL issued a tentative plan to resume barge releases on the upper Mississippi River starting February 1, 2025, with Lock 25 scheduled to reopen February 28. Upper locks 16, 18 and 20 are expected to reopen March 4, though dates remain tentative due to freezing conditions.
Extended upper Mississippi lock closures keep barge supply constrained for Midwest grain and meal, supporting barge freight rates and delaying shipments to Gulf export positions.
argusmedia.comMeghan YoyotteJan 24, 2025Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% 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.
