Oct 11, 2018

Flooding Stops Barge Traffic on Upper Mississippi River

Southern-most lock closure is at Lock 22, near Hannibal, MO

Heavy rains and severe storms in Iowa, Illinois, Minnesota, Missouri, and Wisconsin, from June into October, have resulted in several instances of flooding through the region, according to theUSDA Grain Transportation Report.

As of October 10, the latest round of rain closed six locks on the Upper Mississippi River.

The southern-most lock closure is at Lock 22, near Hannibal, MO, which has stopped all export-bound barge shipments originating from points north; including Minnesota, Iowa, Wisconsin, and parts of Missouri and Illinois.

Forecasts from the National Weather Service indicate that water levels at Lock 22 will not recede to navigable levels, until October 23.

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Magazine

Marketwatch: Mar, 25

US Corn Price Idx:ZCPAUS.CM

open: 7.2563
high: 7.2588
low: 7.1555
close: 7.1953

US Soybean Price Idx:ZSPAUS.CM

open: 16.5697
high: 16.6984
low: 16.4286
close: 16.4672

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 10.2268
high: 10.2859
low: 10.0542
close: 10.0755

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.0954
high: 10.2546
low: 10.0279
close: 10.0854