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A Corps of Engineers towboat, the M/V Sanderford, sank in the Mississippi River near the U.S. 190 Bridge after capsizing while assisting a dredge that struck a bridge pier on April 21. Three crew members were pulled from the water with no serious injuries, and salvage is pending.
The sunken vessel is a localized navigation obstruction that could cause short delays for barges in the Mississippi, but no broad disruption to grain flows has been reported.
dredgewire.comPaul BluemnerMay 7, 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.
