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High water on the Ohio River improved in the latter part of the week and barge operations normalized, with 358 empty upbound barges passing Olmsted Locks, up 58 percent. USDA said grain barge logistics on most of the Mississippi have improved since early March, and Lock 25 is expected to reopen early the following week.
Easing high-water disruptions and improving barge flows reduce freight costs and transport bottlenecks for grain, which modestly eases pressure on river basis and feed delivery costs.
workboat.comWorkBoatApr 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.
