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The mv. Miss Doris became the first tow of the 2020 season to transit Lake Pepin on March 23, pushing 12 barges from the Quad Cities toward St. Paul.
The St. Paul district announced the transit, reopening the upper Mississippi for barge traffic.
Upper Mississippi barge access determines how far north grain can be shipped economically. Early navigation supports barge freight availability, but a single tow is a minor event for prices.
waterwaysjournal.netApr 10, 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.
