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DOT's Maritime Administration grants of $4.85 million include over $800,000 for Mississippi River container-on-barge projects at the Port of St. Louis and America's Central Port. Officials say regional freight demand is expected to grow 45 percent by 2050.
Container-on-barge expansion is a long-term infrastructure shift with little near-term effect on bulk grain barge rates, so the price impact is minimal.
Not 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.