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The Army Corps of Engineers reports the Motor Vessel Miss Doris, pushing 12 barges from the Quad Cities, is the first tow to enter the St. Paul District for the 2020 season. It is expected to transit Lake Pepin, opening navigation to the head of the Mississippi.
The start of upper river navigation adds barge capacity for grain shipments from Upper Midwest elevators, a routine seasonal event with little price impact.
mvp.usace.army.milMar 17, 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.
