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Soy Transportation Coalition director Mike Steenhoek says water levels are adequate on the Mississippi south of St. Louis but are low north of it. He says the river needs more precipitation to build a buffer before the drier summer and fall months.
Low northern river levels raise the risk of draft restrictions and higher barge rates for soybean shipments later in the year, which supports freight costs.
ocj.comBernadette ArehartMar 20, 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.
