Loading…
The 41st annual Mississippi Valley Trade & Transport Council conference was held in New Orleans on February 16, 2023. Speakers reviewed the past year's events, including the Russia-Ukraine war, oil and coal price swings, inflation, interest rates and historically low Mississippi water levels.
The conference focused on cargo and mariner concerns on inland waterways.
The discussion highlights ongoing risks to river logistics from low water and high costs. These are background factors rather than new price drivers.
waterwaysjournal.netFrank McCormackMar 3, 2023Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% 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.
