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A harsh winter has impeded barge traffic on inland waterways because of heavy snow and ice. The Soy Transportation Coalition says supply chain problems will worsen as snow melts, with possible delays in fertilizer deliveries and outbound barge shipments from elevators.
Barge delays tighten logistics and can widen basis and raise delivered input costs for feed buyers, supporting barge freight rates and local cash prices.
brownfieldagnews.comMark DorenkampFeb 26, 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.
