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Marinelink reports on federal waterways infrastructure funding, citing deteriorating locks such as Lagrange and debate over the Inland Waterways Trust Fund ahead of the 2018 federal budget. Industry leaders argue that under-investment could push global buyers toward competing supply chains.
Lock deterioration and funding gaps raise the risk of future barge disruptions, which can widen Gulf basis for corn and soybeans when river capacity tightens.
marinelink.comTom EwingDec 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.
