Year-over-year Mississippi River levels at St. Louis and Memphis are currently measuring above last year. But, without significant rain in the forecast and concerns for the volume of water coming from the Ohio River valley into the lower Mississippi, this could elevate levels of concern, particularly in the next few weeks.
“We continue to see evidence that we may once again experience some low water conditions on the lower Mississippi River this fall,” writes Mike Steenhoek, executive director of the soy transportation coalition, in a weekly update. “River levels at St. Louis are approximately 8 higher now than the same date last year. In Memphis, the reading is approximately 4.5 higher. Unfortunately, the trend line continues to decrease.”
What does this mean for grain flow this harvest?…