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The Army Corps of Engineers announced on September 6 that higher-than-average releases from Missouri River mainstem dams will continue through fall. Navigation season will be extended by 10 days into December.
Gavins Point releases will stay near 58,000 cfs to evacuate stored floodwater before the 2019 runoff season.
Longer navigation on the Missouri keeps barge lanes open for grain shipments later into the year, which can ease barge freight pressure for Midwest grain and feed movements. The effect on prices is modest.
waterwaysjournal.netWaterways JournalSep 7, 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.
