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Railroad movement reports show that from December, when the Upper Mississippi closes to commercial navigation, Grain Processing Corp. and ADM shift DDGS shipments from barge to rail. The Iowa Interstate Railroad and Peoria-Pekin terminals see rising volumes as a result.
Seasonal rail routing of DDGS adds freight cost and tightens local barge loading, which can modestly support DDGS delivered prices in the Midwest during winter.
peoriastation.blogspot.comDavid P. JordanDec 24, 2017Not enough comparable past events yet for a historical read.
Not 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.
