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Inland waterway operators recount the 2022 Mississippi drought, which stalled more than 2,000 barges at one point and caused over 40 days of closures. Water levels have since been restored and barge traffic has returned to normal on the affected stretch.
This is a retrospective account with no new supply shock, so the price effect is limited to reminding buyers of the logistics risk of future low-water events.
waterwayscouncil.orgWaterways CouncilJun 1, 2023Not 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.
