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The Mississippi River Commission announced its annual low-water inspection trip on the Mississippi River from Aug. 7 to 18, 2017.
Public meetings are scheduled in Cape Girardeau, Memphis, Vicksburg and Houma, and the trip includes a Red River leg with stops in Louisiana.
The inspection focuses on navigation and infrastructure along the river, which carries much of the Midwest grain barge traffic. The announcement itself does not change supply or prices.
mvs.usace.army.milJul 18, 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, Soybeans 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.
