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The St. Joseph Regional Port Authority on the Missouri River held a ribbon-cutting on October 11 for a new storage facility and welcomed TransPort 360 as its operator. Two barges of steel coil were unloaded at the port, the first shipment in several years.
This is a small regional port development with negligible effect on grain flows or feed commodity prices.
waterwaysjournal.netHeather ErvinOct 19, 2018Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% 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.
