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The Corps of Engineers St. Paul District announced three public open houses aboard the Motor Vessel Mississippi in La Crosse, Wabasha and Red Wing in mid-August. The vessel is taking part in a Mississippi River Commission low water inspection trip.
This is a public outreach event tied to the low-water inspection, with no direct supply or price effect on feed commodities.
mvp.usace.army.milJul 30, 2021Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% over 20.
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.
