Loading…
The Army Corps of Engineers is monitoring Missouri River water levels and will release reservoir water to keep navigation channels open. Dryness in the upper basin in Montana has reduced downstream flows, creating potential barge draft constraints.
The agency says it follows a water control manual for releases from April through November.
Low river levels limit barge draft and load sizes, which can raise freight rates and slow grain movement. Confirmed reservoir releases reduce the immediate risk, so the price impact is modest.
brownfieldagnews.comadminMar 29, 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.
