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Soy Transportation Coalition's Mike Steenhoek said the grain industry could benefit from President Trump's river freight infrastructure focus, including a proposed $1 trillion investment plan. No timetable has been set, and the plan relies on $200 billion in federal money plus private equity.
A large, long-term waterway investment could cut future freight costs and bottlenecks for grain, but without a timetable its near-term price impact is minimal.
agweek.comMikkel Pates, Agweek Staff WriterJun 19, 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.
