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The Corps closed the McClellan-Kerr navigation channel near Norrell Lock to commercial tows after rapid river level drop and shoaling at Mile 9.9. Dredging was underway with no firm reopening date, and a river rise was expected.
Lower river levels and closed channels cut barge capacity on the inland system, adding freight costs and delays for grain moving to export and processing.
waterwaysjournal.netDavid MurraySep 25, 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.
