Low water levels on the Mississippi River and through the Panama Canal complicates the movement of grain and farm inputs. CHS Executive Vice President of Ag Retail, Distribution and Transportation Rick Dusek does not see a quick fix. “On the (Mississippi) River, especially south of St Louis, the projections are not good,” said Dusek. “The water levels going down means we can’t put as much grain in a barge which means your cost per unit goes up. It just does and so that is a real problem.” A drought has also reduced water volumes on the Panama Canal which is influencing exports. The interview can be found online.
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