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High water on the Mississippi River is reducing barge cargo loads, with flood conditions affecting traffic up and down the river. Golding Barge Line's president says business has improved overall as more cargoes are moving, but high water limits how much each barge can carry.
The interview also notes flood damage to infrastructure such as dams and locks.
Reduced barge loads raise the cost and lower the volume of moving grain and feed ingredients on the Mississippi, which can widen basis and pressure barge freight rates. Buyers in river-dependent regions may face higher delivered feed costs while flooding persists.
marketplace.org30 Apr 2019Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Setelah 359 peristiwa logistik bearish sebelumnya, Jagung bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -1,5% sampai +1,5%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
