After a short closure, the Coast Guard has reopened to cargo traffic the Mississippi River north of New Orleans. Ships may pass through the waterway one at a time.
The closure came about after it was determined that wakes created by cargo traffic would increase the strain on an already overburdened levee system.
As one might expect, delayed cargo traffic will result in higher prices, at least temporarily, especially in the grain industry. Add to that the fact that southern farm areas are being flooded purposely to relieve some of the strain on the levee system, and it just might end up being another summer of high prices with little relief.
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