Loading…
The St. Louis region is described as having the highest grain barge handling capacity on the Mississippi, based on a panel discussion held August 10 at America's Central Port. Officials expect the region to handle a growing share of rising corn and soybean freight volumes.
Expanded river handling capacity in St. Louis can ease bottlenecks and support the efficiency of Midwest grain flows to export. The effect on prices is modest and mainly affects freight and basis over time.
thefreightway.comJerry VallelyAug 16, 2017Not enough comparable past events yet for a historical read.
After 1,054 past logistics events, CORN moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.
After 837 past logistics events, SOY moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% over 20.
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.
