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An Illinois River feature describes grain trucking and barge loading at Havana, Illinois, where about 100 million bushels are loaded onto barges in a year, the largest of any Illinois River location. Major grain elevators there operate along the river and ship directly to barges.
Havana's large barge loading volume shows the importance of Illinois River capacity for moving Midwest corn and soybeans to the Gulf, but the piece describes operations rather than a price change.
wiuag.wordpress.comkfornoff1Apr 28, 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.
