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The Corps of Engineers reported that Missouri River mainstem releases will stay above average through November, with Gavins Point releases near 58,000 cfs for the rest of the navigation season. The 2018 basin runoff forecast is 163 percent of average, the third highest since records began in 1898.
Heavy runoff and high releases raise flood and river-level concerns that can disrupt barge loading on the Missouri and Mississippi, potentially widening barge freight spreads for grain shipments.
waterwaysjournal.netWaterways JournalNov 23, 2018Not 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.
