Loading…
A Wall Street Journal piece, republished by the St. Louis Regional Freightway, reports that most U.S. locks and dams have outlived their 50-year design lives. Breakdowns add costs for grain exporters including Cargill, ADM and Bunge, since the river system moves nearly three-quarters of export-bound U.S. grain.
Unreliable river infrastructure raises transport costs and can shift grain to rail, tightening Gulf export competitiveness and weighing on interior prices.
thefreightway.comJerry VallelyJun 7, 2017Not enough comparable past events yet for a historical read.
After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.
After 297 past bearish logistics events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% 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.
