Loading…
A University of Wisconsin–Madison report examines the costs of Upper Mississippi lock and dam failures, which would divert freight to highways. The river carries more than $88 billion in goods annually, and the lock and dam maintenance backlog exceeds $1 billion.
Aging locks and a large maintenance backlog raise the risk of future barge disruptions, which would lift transport costs for Midwest grain, but the report itself is a policy analysis with no immediate price effect.
news.wisc.eduKerri PhillipsFeb 5, 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.
