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The St. Louis region's economic development groups are promoting the expanded Ag Coast of America initiative to boost global agriculture production and logistics. The release notes that 50% of U.S. crops and livestock are produced within 500 miles of St. Louis, including about 80% of corn and soybean acreage.
This is a promotional economic development announcement with no direct supply, demand, or price change, so it has little market impact.
thefreightway.comJerry VallelyOct 29, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
