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The Army Corps of Engineers reopened the Illinois Waterway locks on October 29 after planned maintenance closures that began July 1. Five locks had been closed for repairs, and the Illinois River carries millions of tonnes of down-bound grain and soybeans.
Restored lock access adds barge capacity on a key grain corridor, which eases freight tightness and supports lower barge rates.
dredgewire.comPaul BluemnerNov 4, 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.
