For the second year in a row, lower water levels on the Mississippi River could cause major trade disruptions.
Right now, the river is 10-20 feet lower than normal at Memphis and St. Louis. The Army Corps of Engineers has sixteen dredges going to keep it deep enough for transit.
The Mississippi is an important route for U.S. soybeans with most of our exports using it as a pathway to the gulf.
AccuWeather estimates last year’s low water levels brought on $20 billion dollars in losses.
