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Missouri has awarded $25m in state funding toward a St Louis-area terminal on the Mississippi River. The terminal at Herculaneum will handle feeder container vessels that carry boxed cargo to ultra-large boxships at Louisiana's Port of Plaquemines.
A new feeder container route could shift some containerized grain and feed-related cargo away from truck and rail toward river barges and ocean transit. The effect on feed commodity prices is small and long-term.
tradewindsnews.comMichael JulianoJun 21, 2022Not 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.
