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Three U.S. Congressmen met with more than 40 river industry representatives in Paducah, Kentucky, to discuss infrastructure legislation. Industry leaders said federal officials need a better understanding of inland waterway operations.
Discussion centered on public-private partnership proposals to fund lock and dam projects, which industry members argued would raise barge tariffs.
Proposed tolls or P3 funding for locks could reduce barge traffic and raise barge freight costs, which lowers net prices paid to farmers and raises delivered costs for feed buyers on inland river grain flows.
wkms.orgNicole ErwinMar 26, 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.
