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Campbell Transportation's Marine Link article reviews the fiscal 2018 federal budget and its proposed funding for Army Corps of Engineers civil works, including the President's $5 billion request. It also notes the President's promise to fix inland waterways and a $1 trillion infrastructure package.
Budget funding for lock and dam repairs will determine whether river bottlenecks are eased, affecting long-term barge costs for grain shippers, though the outcome is uncertain and not immediately price-moving.
barges.usChristopher WendtDec 4, 2017Not 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.
