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Forecast extreme cold in the central U.S. could cut the Mississippi River stage at St. Louis to between -3 and -4 feet from January 14 or 15. Industry groups warn of ice formation and urge caution, though recent dredging and water releases should moderate the drop.
Lower river levels and ice force barge loads to be reduced or halted, which raises barge freight costs and can delay grain shipments from the Upper Mississippi and Illinois river systems.
waterwaysjournal.netShelley ByrneJan 12, 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.
