By Jason Hall
May 14, 2021
CNBC reports the shutdown is leading to more concerns over U.S. grain and soy shipments to export markets as there is already a lack of global inventories, prices nearing eight-year highs and the U.S. corn futures dropping more than 5% due to high prices.
Petty Officer
Carlos Galarza, a Coast Guard spokesman, confirmed there are 26 vessels with 430 barges waiting to pass north and 21 vessels with 341 barges waiting to pass south in the queue at the location where the river was closed on Thursday.
A total of 411 barges carrying crude oil, dry cargo like crops and other items were halted in both directions on Wednesday (May 12.)