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Maintenance dredging of 985,000 cubic metres was completed across all 10 harbours in the Memphis District of the Army Corps, under a $7.9 million contract awarded in April 2019. The work took five months to keep the channel open for cargo barges.
Keeping the Memphis reach open supports barge access for grain, a routine maintenance event with little direct effect on commodity prices.
bairdmaritime.comBaird MaritimeJan 10, 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.
