The Mississippi River Inland System plays a significant role in the U.S. soybean delivery system.
On March 1, USSOY.org published a detailed article on the topic of this network of U.S. waterways. From July 1 through October 30, major maintenance will be taking place on the Illinois River, a key part of the system.
The Chicago Board of Trade (CBOT) ruled that the impact to barge freight should be known because this maintenance is planned and well-advertised.
Anybody taking delivery during the maintenance time period should pay attention to the forward barge spot rates, as this could impact the future months’ price spreads.
Read the full report here.
