# Old National Bank

> Dry conditions in the Mississippi River Valley and its tributaries are pushing river levels lower and limiting barge draft, and grain basis along the watershed is being watched. The Federal Reserve meets with markets widely expecting rates to hold, and a storm system is forecast to bring cooler weather and showers to the Midwest.

- Date: 2026-11-01 · published 2026-11-01T12:08:26.662Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/8882-old-national-bank
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Reduced barge draft raises inland freight costs and can weaken basis for Midwest grain, while the Fed outcome could shift the dollar and broader commodity pricing.

## Read by commodity

- DXY: neutral
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-29 | [Busy Week As Tensions Rise. The Corn & Ethanol Report 01/29/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/32235-busy-week-as-tensions-rise-the-corn-and-ethanol-report-01-29-2024-market.md) | +0.2% | +0.4% |

## Sources

- dtn.oldnational.com: https://dtn.oldnational.com/index.cfm?id=0702BF4F&show=4

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.