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The Midwest chapter of the Western Dredging Association met on March 23 in Green Bay, Wisconsin, and heard that dredging demand is rising under the Infrastructure Investment and Jobs Act. Dredging firms have invested $2 billion since 2018 in hopper dredges, while labor shortages and rising input costs are noted.
Dredging demand supports navigation channel maintenance that keeps barge routes open, but the article describes an industry trend with no direct effect on feed commodity prices.
waterwaysjournal.netDavid MurrayApr 5, 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.
