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The St. Louis region's port system ranks second in U.S. inland port tonnage, handling 37.4 million tons in 2018, up 13.2% year over year. Port officials say operations continue as usual during COVID-19 with freight and food stocks still moving.
Steady throughput at a major Midwest grain gateway signals healthy barge and elevator activity, supporting river logistics for corn and soybeans.
ibjonline.comMay 12, 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.
