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The Corps of Engineers says barge cargo data has not shown the strong COVID-19 impacts it expected, with lock performance figures showing little change from prior years. Locks and dams have had no operational disruptions from the virus.
Steady barge volumes suggest river freight demand and rates are not being hit hard by the pandemic, so feed-ingredient transport costs are unlikely to move much on this alone.
waterwaysjournal.netDavid MurrayJun 26, 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.
