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A Congressional Research Service report examines prioritizing new inland waterway lock projects amid debate over water resources bills and FY2019 appropriations. Estimated costs for 21 planned lock projects run into billions, while funding is about $200 million per year.
Traffic changes may alter the benefit calculations used to advance projects.
Lock funding decisions affect long-term barge reliability and cost for grain shipments, but the effect on near-term prices is limited.
Not 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.