# Cash Market Moves

> Flooding has turned sections of the Mississippi into a sandbar-laden channel, with sand and silt deposited across the system. Dredging is needed to restore safe navigation, and some lower river locations have yet to fall below flood stage.

- Date: 2019-07-29 · published 2019-07-29T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/57965-cash-market-moves
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Shoaling and required dredging prolong barge restrictions and grounding risk, keeping freight costs elevated and affecting Gulf-bound grain basis.

## Read by commodity

- BARGE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/columns/cash-market-moves/article/2019/07/29/flooding-turns-mississippi-river-2?referrer=twitter

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.