
The Memphis District of the Army Corps of Engineers completed a dike construction project at a low-water problem spot near Island 9 in Lake County, Tennessee. Luhr Bros placed over 300,000 tons of stone in about 50 days after work resumed in March 2022.
The project is meant to keep a safe, reliable navigation channel open for towboats.
A permanent fix at a recurring shallow spot reduces the risk of tow delays and draft restrictions that raise barge freight costs for grain shipments from the Upper Mississippi.
Not 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.