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Daily levee inspections have started along the Mississippi River near Baton Rouge as the river continues to rise. Seepage is already appearing in neighborhoods along River Road, and inspectors are monitoring about 150 miles of levee until the river recedes.
High, fast river flow can restrict barge traffic and push up barge freight rates, which raises the cost of moving grain and meal from Midwest origins to Gulf export terminals.
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.