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Low water levels at Mississippi River ports slowed barge traffic earlier in October, with some light-loading of barges required. By October 18, the Vicksburg District reported all ports were green and river levels were rising, with drafts improving after dredging.
Easing river constraints should reduce barge freight costs and help grain move to export positions, which tends to ease pressure on inland basis and freight-driven price spreads.
lafarmbureaunews.comdon molinoOct 25, 2017
farmprogress.comOct 25, 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.
