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Commercial shipping on the Mississippi in Minnesota is slowly returning to normal after unprecedented high water earlier this year. Heavy rain has caused the river to rise again at times, complicating dredging and operations for shipping firms.
Slow recovery and renewed high water keep upper river barge capacity tight, supporting freight costs for grain movement out of the Upper Midwest.
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.