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St. Louis Public Radio reports that the Mississippi's water level has become far more volatile than it was historically, with a researcher saying it is more than twice as volatile. Speakers link the rise in flooding to development along the floodplain.
The discussion accompanied a conference on river policy in Forest Park.
Greater river volatility raises the risk of closures and restrictions for barge traffic, which can disrupt grain shipments and widen Gulf and St. Louis basis. This piece is a policy and environmental discussion with no current price shock.
stlpr.orgEvie HemphillJun 25, 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.
