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CHS executive Rick Dusek said low water on the Mississippi, especially south of St. Louis, and drought-reduced Panama Canal water volumes are complicating grain and farm input movements. He sees no quick fix for river conditions.
Shallow draft limits barge loading, increasing freight costs and reducing competitiveness of US grain exports, while also raising input delivery costs.
rrfn.comDon WickDec 9, 2023Not enough comparable past events yet for a historical read.
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.
