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Low water and shoaling have slowed cargo on the middle Mississippi River below St. Louis. The Corps of Engineers is preparing to step down Missouri River navigation releases from Gavins Point at the end of November, with winter releases to reach 17,000 cfs.
Shallow channels limit tow sizes and slow barge movements, which raises barge freight costs and can delay grain shipments from the Midwest to Gulf export terminals.
waterwaysjournal.netWaterways JournalNov 22, 2020Not 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.
