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Most grain barges have resumed operations after severe winter weather, except on the Illinois River. Barge grain movements for the week ending February 20 fell to 488,462 tons, 46% below the four-week average.
Minor delays persist, and high water from melting ice could challenge operations next week.
Lingering delays and possible high-water restrictions keep barge freight elevated and limit river grain flows. This supports freight costs and weighs on interior grain prices until traffic normalizes.
feedandgrain.comFeb 25, 2021Not enough comparable past events yet for a historical read.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% 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.
