Flooding by the Mississippi River, a key artery for grain shipments to U.S. Gulf export points, has slowed barge traffic and could spike market volatility.
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
View more reports from Blu Putnam, Managing Director and Chief Economist of CME Group.
Flooding along the Mississippi River, a waterway that plays a crucial role in the shipment of corn, soybeans and wheat from the Midwest to export locations along the U.S. Gulf of Mexico, has disrupted barge traffic and could heighten volatility in agricultural markets. Hedge your portfolio with futures and options.