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A breakaway of about 40 barges near Barton Street in St. Louis on February 12 closed the Upper Mississippi River for most of a day. The river reopened after the loose barges were secured, with no spills, injuries or sinkings reported.
The cause is under investigation.
Brief closures at St. Louis, a key grain barge hub, can delay shipments and tighten barge availability, modestly supporting barge freight rates.
waterwaysjournal.netDavid MurrayFeb 15, 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.
