But we've been working very closely with the Army Corps of Engineers who have put in a lot of work over the past decade in preparing for a situation like this.” It's definitely created navigational hazards along the marine transportation system. We haven't seen it this low since since the 80s or even before that. Phillip VanderWeit, USCG: “We’re dealing with extreme low water conditions and certain areas. –-Ī dramatic drop in water levels on the Mississippi River is slowing the movement of goods along the center of the country.īarge traffic is being limited to alternating traffic in some areas, as well as limits to the size and draft of barge groups.

Peter Tubbs reports on how river traffic is moving along with what little water is still there. Now the transportation challenge involving boats and water is an inland one along the Mississippi River. Last year we all heard about big logistical challenges at ports of call in the U.S. and food and energy exports left the country. The trade deficit widened in October for the first time in six months as computer chips and consumer goods came into the U.S. The unemployment rate rose from a fifty-year low to 3.7 percent, up two tenths of a point.įactory orders increased last month by a tenth of a percent - bucking the conventional wisdom the economy is slowing. The economy added 261,000 jobs in October. The worker appears to be the must have item this approaching holiday season as employers are still putting up the help wanted signs in the window. This is the Friday, November 4 edition of Market to Market. Information is available from a Grinnell Mutual agent today.

For over 100 years we have worked to help our customers be ready for tomorrow. What's the most complex industry on Earth? It's not genetics, or meteorology, or logistics. The future of the Farm Bill hinges on Tuesday’s election. And market analysis with Shawn Hackett, next. Small and medium packers get an injection of cash from USDA. Coming up on Market to Market - Dredging helps but traffic is still slow on the Mighty Mississippi.

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