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At an August 19 Mississippi River Commission public meeting in New Madrid, Missouri, navigation interests warned of a third consecutive year of extreme low water. The commission's annual low-water inspection trip ran August 19 to 23 across several Mississippi River towns.
Stakeholders also asked for better communication and a change in how freight tonnage is calculated.
Warnings of another low-water season signal possible draft restrictions and higher barge freight, which raises the cost of moving grain down the river.
waterwayscouncil.orgWaterways CouncilAug 1, 2024Not 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.
