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Four western Kentucky counties are working together to establish a riverport just south of the Mississippi-Ohio confluence, with a preferred site on Phoenix Paper property. The Western Kentucky Riverport Authority replaced the earlier single-county Ballard-Wickliffe Port Authority.
A site study is evaluating two alternative locations.
A planned port would add future grain handling capacity in the region, but it is in early planning and has no near-term effect on prices.
waterwaysjournal.netShelley ByrneSep 4, 2020Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% 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.
