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Peoria Magazine describes how the Illinois River system moves agricultural commodities. It notes the locks and dams were mostly built in the 1930s and have changed little since.
Aging lock infrastructure raises the risk of outages that disrupt grain movement on the Illinois and Mississippi rivers. This is a background factor for barge freight costs rather than a new price driver.
peoriamagazine.comGreg LynnFeb 26, 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.
