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America's Central Port in the St. Louis area is preparing for higher freight volumes, with the US DOT projecting a 40% increase over three decades. More than $200 million is being invested to replace the Merchant's Rail Bridge, doubling rail capacity, and containerized ag shipments on the Mississippi are being introduced.
Expanded rail and containerized barge capacity over time could lower transport rates for ag products, though the benefit is long-term and does not change near-term prices.
brownfieldagnews.comJul 24, 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.
