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The Corps of Engineers St. Louis District announced two public tours aboard the MV Mississippi, the largest diesel towboat on the river, in Cape Girardeau and Alton in early August. The towboat's main job is moving barges for bank stabilization work on the lower Mississippi.
This is a public outreach event with no direct effect on grain flows, barge rates or feed prices.
mvs.usace.army.milJul 23, 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, SOY 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.
