# One Town’s Hope Rests On Money And The Mighty Mississippi |
         News Local/State | 
        Illinois Public Media

> Cairo, Illinois, is using stranded barge traffic on the Ohio and Mississippi rivers as an opportunity to build a cargo unloading facility. More than 600 barges were waiting upstream of the confluence as of June 12 and were held until water levels fell. The Quad Cities stretch of the Mississippi dropped below flood stage for the first time in 96 consecutive days.

- Date: 2019-06-21 · published 2019-06-21T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/58500-one-town-s-hope-rests-on-money-and-the-mighty-mississippi-news-local-state
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Barges waiting at Cairo signal a large freight backlog on the river system, which keeps barge rates elevated and delays the flow of ag products and inputs.

## Read by commodity

- BARGE: bullish ▲

## Sources

- will.illinois.edu: https://will.illinois.edu/news/story/one-towns-hope-rests-on-money-and-the-mighty-mississippi

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