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The U.S. Army Corps of Engineers has a plan to deepen the lower Mississippi River to 50 feet to accommodate larger post-Panama Canal ships. The article describes the economic weight of the ports from New Orleans to Plaquemines, which handle about 500 million tons of cargo annually.
A deeper channel would be a long-term infrastructure change that could lower freight costs for grain exports, but it has no near-term effect on prices.
bizneworleans.comChris PriceFeb 1, 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.
