Loading…
The Swedish Club warns of extreme high water on the Mississippi, forecast to stay above 15 feet on the Carrollton Gauge from late February to mid-April and crest at 17 feet in March. Strong currents raise the risk of groundings, anchor loss and port delays for deep-draft vessels.
Vessel delays and reduced draft limits at New Orleans can slow grain export loadings and raise ocean freight costs, tightening Gulf export logistics.
swedishclub.comMartin ErikssonFeb 26, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
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.
