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The Memphis District dredge Hurley returned to port in December after dredging over 12.5 million cubic yards, the second most productive season in its history. Above-average river levels increased sediment shoaling, and the dredge will undergo winter maintenance.
Heavy sediment and high water keep Lower Mississippi channel maintenance costly and draft-constrained, a modest logistics factor for barge grain movements.
Not 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.