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The Army Corps of Engineers faces a backlog of about $1 billion in repairs for Mississippi River locks and dams, with aging equipment and structures. Maintenance work at Lock and Dam 15 is underway with contractors installing bulkheads.
Aging locks raise the risk of unplanned closures and delays that increase barge transport costs for grain moving to the Gulf, which can widen basis discounts at inland elevators.
kcrg.comKCRG-TV9 News StaffJun 15, 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.
