Loading…
Innovative self-propelled container vessels being developed by American Patriot Holdings will run the Mississippi between New Orleans-area Plaquemines and the ports of Memphis and St. Louis. The St. Louis Regional Freightway and Plaquemines port signed a memorandum of understanding on March 27 to advance the service.
The project is a planned containerized service that could eventually carry some Midwest agricultural exports, but it has no near-term effect on grain supply, demand or prices.
dtnpf.comMary KennedyApr 23, 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.
