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The US Coast Guard reopened a section of the Mississippi near the Tennessee-Arkansas border on May 14 after a several-day closure caused by a crack in the Hernando de Soto Bridge. More than 700 barges had been stranded during the closure.
The reopening removes the main near-term barge bottleneck for agricultural exports, so the price effect has faded and the story is now mostly historical.
ofimagazine.comJun 1, 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.
