Mississippi River and Illinois River levels have risen to about a foot and a half above flood stage after last year's low water. ADM and a Illinois farmer say barges can now load fully for New Orleans export terminals.
Restored river depth allows full barge loads, cutting per-bushel freight costs and supporting Gulf export competitiveness for corn and soybeans.
Not enough comparable past events yet for a historical read.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.