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The U.S. Army Corps of Engineers says the Mississippi River has reached low water impact stages after a drier than average August. Forecasts show Ohio River levels falling below low water stages, and the Corps is dredging to keep the 9-foot navigation channel open.
Boats risk running aground, and the Corps urges extra caution.
Shallow draft restrictions and groundings slow barge movements and can raise freight costs for grain and meal moving south. Higher barge costs can weigh on cash bids in the interior.
wapt.comJackson Hearst Television Inc.Aug 28, 2024Not 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.
