The slowdown in the US logistics grid was first highlighted in our March 20th post When The Levee Breaks. Due to increased snow melt in the Northern Plains, more rain this week in the Ohio River Valley and a potential snowstorm impacting parts of Montana, Iowa, Nebraska and South Dakota, it doesn’t appear the mess is over. US corn, soybean and wheat shipments through the first 14 weeks of the...
Continue ReadingHeavy rainfall and above-normal snowfall accumulation across the US have escalated flood risk over the short and medium-term. The flood stage has already been surpassed at the Mississippi River in St. Louis, with water levels now exceeding 30 feet.
Continue Reading