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The Port of Milwaukee and DeLong Company broke ground on a nearly $35 million agricultural export terminal at Jones Island on October 13. It will handle DDGS and other commodities by truck, rail and vessel.
It is the largest one-time investment in the port since the 1950s.
The terminal adds Great Lakes export capacity for DDGS, which could support Midwest ethanol co-product prices over time. Near-term price impact is minimal.
milwaukeeindependent.comAbout The AuthorOct 18, 2021Not 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.
