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A Waterways Journal commentary says barge operators face uncertainty from weather and US-China trade policy. It reports that parts of the Mississippi are at or near flood stage and that upper Midwest soils are saturated after last year's rains.
Forecasts call for above-normal rainfall, with snowpack still a key variable.
Expected wet conditions and high river levels could disrupt barge logistics and raise transport costs for Midwest grain, but the piece is general commentary rather than a new event.
waterwaysjournal.netWaterways JournalJan 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.
