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A barge carrying powdered cement sank in the channel at Upper Mississippi Mile 49 on May 8, 2022, after breaking away from a fleeting area. Traffic was blocked during the incident.
The waterway reopened to tows of 12 or fewer barges the next day.
The short closure and reopening to smaller tows had limited effect on grain movements, so the impact on barge rates is minor.
waterwaysjournal.netShelley ByrneMay 16, 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.
