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DTN's weekly preview flags growing dryness in the Mississippi River Valley and its tributaries, which is lowering river levels and limiting barge draft. The outlook also includes a cold front and possible showers for the Midwest, and the Federal Reserve meeting is expected to leave rates unchanged.
Lower river levels cut barge loading capacity and raise freight costs for grain moving down the Mississippi, which tends to widen Gulf basis and pressure prices at inland origins.
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.