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Dredging by the U.S. Army Corps of Engineers kept the Mississippi navigable during low water in fall and winter 2022-23. Eight dredges maintained a 9-foot channel between St. Louis and Cairo, and more were added for other harbors.
The article recaps the 2022 operations.
Keeping the Mississippi open limits barge freight disruption, which otherwise would push grain and meal onto congested rail and road and widen basis and freight costs.
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.