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Industrial owners along the Mississippi are increasingly concerned that this year's record river rise may not be a one-off event. Some are considering scenarios where flooding recurs, while planning billions of dollars in waterway-side investments.
Recurring high water threatens barge logistics and grain export costs, which can widen basis and freight spreads for feed grains moving down the river.
businessreport.comSam BarnesSep 17, 2019Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% 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.
