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The Army Corps of Engineers New Orleans District will build an underwater sill across the Mississippi River channel near Myrtle Grove, Louisiana, to block upriver movement of saltwater. The sill is triggered when the saltwater wedge reaches its projected threshold during low-water season.
Keeping the river navigable and protecting freshwater supplies helps maintain Gulf export logistics, but low river levels still limit barge loads. The sill signals that drought-driven constraints on grain freight are likely to persist.
mvn.usace.army.milSep 28, 2022Not 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.
