Market Matters Blog

As the Mississippi River moved south from St. Paul, Minnesota, heading towards the Gulf, flooding ensued in the middle Upper Mississippi River and into St. Louis, Missouri, causing the river to close to all traffic in the St. Louis Harbor.

DTN's weekly spot price for domestic distillers dried grains was lower on average at $125 per ton.

The Mississippi River in St. Paul had started to drop after cresting above major flood stage at the end of March. Then it changed course and started to rise again.

DTN's weekly spot price for domestic distillers dried grains was lower on average at $128 per ton.

These days in the commodity markets, it's easy to paint a bearish landscape. But if history repeats itself, sizable rallies could be in store, despite popular belief.

DTN's weekly spot price for domestic distillers dried grains was lower on average at $134 per ton.

A recent study released on the condition of U.S. bridges showed some degree of progress in addressing the structural shortfalls but much more needs to be done, especially in the rural areas.

DTN's weekly spot price for domestic distillers dried grains was lower on average at $139 per ton.

It has been a challenging spring for farmers in most of the Midwest, with the Upper Midwest still waiting to plant spring wheat, especially in areas that may have already started under better circumstances if weather conditions had been better.

DTN's weekly spot price for domestic distillers dried grains was lower on average at $140 per ton.

As floodwaters have been moving through the middle Mississippi River and south to the Gulf for most of 2019, the Upper Mississippi River remained asleep for the winter until March 21 when it crossed in to "action" flood stage (10 feet) on the NWS Hydrograph. It hasn't stopped...

DTN's weekly spot price for domestic distillers dried grains was steady on average at $142 per ton.

The Great Lakes prepared for the start of the 2019 shipping season with the U.S. and Canadian Coast Guard icebreakers moving up and down the lakes to cut away ice for ships to begin safely moving in and out of the ports.

DTN's weekly spot price for domestic distillers dried grains was steady on average at $142 per ton.

High water continues to besiege the Mississippi and Illinois Rivers and tributaries as the spring thaw has begun.

Increasing water levels as a result of heavy rain in the Mississippi and Ohio river valleys prompted the U.S. Army Corps of Engineers to open the Bonnet Carre Spillway on Feb. 27 to regulate the flow of the Mississippi river through the greater New Orleans area.

DTN's weekly spot price for domestic distillers dried grains was steady to 1 cent higher on average at $142 per ton.

The weather was brutal in the Northern Plains and Midwest for most of February, with heavy snow and ice and extreme cold, all adding to rail transportation slowdowns.

The DTN domestic distillers dried grains average price was unchanged at $141 per ton for the week ended Feb. 28.

The U.S River system has been battling high water as far back as December 2018, and it's only going to get worse.