Loading…
Two Mississippi River lock and dam sites near St. Louis were under repair until March 31, forcing barges through slower auxiliary chambers. Three more locks and dams are scheduled to close from June through September for major repairs.
The article says aging infrastructure is compounding transport challenges for agricultural goods.
Lock closures lengthen transit times and create backlogs, which raises barge freight costs and can widen basis. Summer closures could tighten river logistics during peak export movement.
croplife.comdjacobs djacobsMar 29, 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.
