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The Army Corps of Engineers expects a full eight-month navigation season on the Missouri River, from late March to December 1. Above-average snowmelt and rain upstream will allow higher reservoir releases starting June 29.
Support will run from Sioux City, Iowa, to St. Louis.
A full navigation season on the Missouri keeps barge capacity available for grain movements, easing freight pressure and supporting Midwest export basis.
newstribune.comRyan PivoneyJun 28, 2023Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, CORN moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
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.
