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Five Illinois River lock and dam repairs are scheduled from July 1 through October 29, 2020, as part of a consolidated Rock Island District schedule. The locks date from the 1930s and are past their 50-year design life.
Scheduled closures on a key corn and soy route will raise transport costs and reroute some supply, which can widen Illinois River basis and freight costs for feed buyers.
dtnpf.comMary KennedyJun 15, 2020Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% 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.
