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The Mississippi River Commission will hold its annual low-water inspection trip from Aug. 22 to 26, 2022, with public meetings in Tiptonville, Memphis, Vicksburg and Morgan City.
Meetings will cover flood control, the Mississippi River and Tributaries project, and other water resources needs.
The trip is a routine infrastructure review with no new shipping restriction, so it has little direct effect on grain freight or prices.
mvd.usace.army.milAug 15, 2022Not 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, SOY 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.
