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The National Corn Growers Association says eroding river infrastructure is a major concern for corn farmers. New Mid-America Freight Coalition research finds failure of Mississippi River locks and dams would cost billions in lost jobs and economic activity.
Concern over river infrastructure highlights potential future barge disruptions that could raise corn transport costs and widen basis.
southeastagnet.comRandall WeisemanNov 1, 2016After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
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.
