Loading…

High water on the Missouri River is giving barges more room heading into harvest after years of low levels. Barge operators and the Corps of Engineers say the river system is critical for moving corn and soybeans.
Recent high water is described as easing navigation constraints for the season.
Adequate river depth allows fuller barge loads and lower per-ton freight, which supports Gulf and Midwest basis. Easier navigation on the Missouri reduces the risk of a freight squeeze during harvest.
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.