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The St. Louis Engineer District reopened the main 1,200-foot lock chamber at Melvin Price Lock and Dam (Lock and Dam 26) on April 15, 2025. A consolidated closure allowed repairs at Locks and Dams 24, 25 and 27 and completed the third phase of a multi-year maintenance project on the Upper Mississippi.
Restoring full lock capacity eases the barge queues that had been lifting Midwest freight rates, which should support lower barge costs and a narrower corn and soybean basis for shipments from the upper river.
thefreightway.comJerry VallelyApr 18, 2025Not 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.
