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Corps of Engineers districts are still clearing silt from Upper Mississippi channels after unprecedented spring sedimentation. The White House Office of Management and Budget has not released $100 million in emergency dredging funds approved by Congress in June.
Slow dredging keeps river draft restrictions and hot spots in place during harvest shipments, which raises barge freight costs and can cap grain movement.
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.