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America's Central Port at Granite City, Illinois is nearing completion of a general cargo dock upgrade, the first project funded under Illinois' Competitive Freight Grant Program. The project is expected to raise daily freight traffic by 60% and remove long-haul trucks from the road.
Improved port efficiency on the Upper Mississippi could marginally lower handling costs for grain and feed shipments, with limited direct price impact.
waterwaysjournal.netWaterways JournalNov 5, 2019Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% over 20.
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.
