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A GAO report finds that 13 Mississippi River ports handle mainly agricultural goods, petroleum and crude materials, with volumes varying with weather, crop yields and export markets. Stakeholders say funding constraints leave the Corps of Engineers unable to fully dredge the harbors, receiving $13.1 million of the $20.6 million needed in fiscal 2016.
Underfunded dredging can limit draft and loading at key grain-handling ports, which can constrain export logistics and widen basis at affected elevators over time.
dredgewire.comLisa ParkerJul 31, 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.
