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The USDA weekly Grain Transportation Report notes that Columbia-Snake River locks will close March 8 to 29, 2025 for maintenance. Through November, 2.9 million tons of wheat had moved through McNary Lock, 80 percent of the system's total.
Mar-Jac Poultry also plans a $25 million transload facility in Mississippi.
The planned Snake River closure may delay Pacific Northwest wheat shipments in spring 2025, supporting PNW wheat basis and export timing.
doi.orgDec 26, 2024After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), 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.
