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The Vicksburg District's Mat Sinking Unit suspended its 2019 revetment season on January 21 because of flooded riverbanks and turbulent flows on the Mississippi. The unit will wait about a month to see if conditions improve enough to finish scheduled work.
The Carrollton Gage in New Orleans was already above 14 feet.
Bank-protection work interruptions have little direct effect on grain prices, but they signal high river stages that can slow barge traffic and raise freight costs for Gulf-bound grain.
waterwaysjournal.netFrank McCormackJan 24, 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.
