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Repairs to a cracked gate at the Melvin Price Locks and Dam near Alton, Illinois, halted barge traffic from late August. As of September 1, 19 northbound and 15 southbound tows were stalled, with reopening planned for Sunday morning.
Lock closures on the upper Mississippi stall grain barges during peak shipping, which lifts barge freight costs and delays export loadings. The effect on grain prices depends on how quickly the lock reopens.
professionalmariner.comProfessional Mariner StaffSep 1, 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.
