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The St. Louis region expects minor to moderate Mississippi River flooding from Alton to Chester, with crest forecast for the following Tuesday at 34.4 feet against a 35-foot moderate threshold. The Meramec and Missouri rivers are also forecast above flood stage.
Iowa flooding has caused an estimated $1.6 billion in damage.
Flood-stage forecasts near St. Louis signal continued barge restrictions in the central corridor, adding logistics friction for grain and fertilizer shipments.
bnd.comHana MuslicMar 22, 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.
