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Warmer-than-normal February temperatures have left Lake Superior and Lake Pepin unusually ice-free. Great Lakes ice cover on Feb.
17 was 13.3% versus 20.3% a year earlier, and the 2017 navigation season is scheduled to open March 20.
An early opening of the grain shipping season on the upper Mississippi and Great Lakes could bring earlier barge and vessel movement of grain, easing near-term freight tightness and modestly pressuring barge and ocean freight rates.
dtnpf.comMary KennedyFeb 20, 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.
