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The Mississippi River Commission will hold its annual low-water inspection trip on the river from August 20 to 24, 2018. Four public meetings are scheduled in Caruthersville, Memphis, Vicksburg and Morgan City to hear local concerns on flood control, navigation and infrastructure.
This is a scheduling notice with no new supply or demand information. Any later decisions on low-water navigation could affect barge freight costs for grain shipments.
mvm.usace.army.milJul 18, 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, SOY 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.
