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Soy Transportation Coalition executive director Mike Steenhoek discusses how dredging the Lower Mississippi could improve barge efficiency and benefit farmers. The piece follows President Trump's State of the Union call for infrastructure rebuilding.
Lower barge costs from dredging would improve farm-gate basis and export competitiveness, but the benefit is long-term and not an immediate price driver.
iowaagribusinessradionetwork.comStaff EditorFeb 7, 2019Not enough comparable past events yet for a historical read.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% over 20.
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.
