Loading…
The Mississippi dropped below flood stage in the Quad Cities for the first time in 96 consecutive days. Barge operators in Cairo, Illinois are holding stranded cargo, and the town is looking to build facilities to unload backlogged barges.
Stranded barges and backlogged cargo signal delayed grain movement and elevated freight costs, though the river's recovery begins to ease constraints.
kcur.orgMadelyn BeckJul 5, 2019Not 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.
