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A forum thread discusses how many barges can be towed on the upper Mississippi, with posters noting that locks often force tows to be broken down. One poster explains that low river levels reduce the allowable barge draft, which cuts loads per barge and raises freight costs.
Lower allowable drafts reduce the grain tonnage each barge can carry, which tightens barge supply and pushes up freight costs for corn and soybean shipments from the Upper Mississippi.
talk.newagtalk.comJan 30, 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.
