Why Did a Bottleneck in Mississippi River Barge Traffic Impact Grain Markets?

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Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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  • Bloomberg Quicktake: Now published this video item, entitled “Why Did a Bottleneck in Mississippi River Barge Traffic Impact Grain Markets?” – below is their description.

    A crack in the I-40 Bridge between Arkansas and Tennessee demonstrated the vital importance of river systems to the U.S. grain trade. Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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    In This Story: Mississippi

    Mississippi is a state in the Deep South region of the United States.

    Mississippi is bordered to the north by Tennessee, to the east by Alabama, to the south by the Gulf of Mexico, to the southwest by Louisiana, and to the northwest by Arkansas.
    Mississippi’s western boundary is largely defined by the Mississippi River. Jackson is both the state’s capital and largest city. Greater Jackson is the state’s most populous metropolitan area, with an estimated population of 580,166 in 2018. Mississippi has a humid subtropical climate classification.

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  • In This Story: Tennessee

    Tennessee is a state in the southeastern United States.

    It is bordered by eight states, with Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia, Alabama, and Mississippi to the south, Arkansas to the west, and Missouri to the northwest.

    The Appalachian Mountains dominate the eastern part of the state, and the Mississippi River forms its western border.

    Nashville is the state’s capital and largest city, with a 2019 population of 670,820 and a 2019 metro population of 1,934,317. Tennessee’s second largest city is Memphis, which had a population of 651,073 and metro population of 1,346,045 in 2019.

    The Great Smoky Mountains National Park, the nation’s most visited national park, is located in the eastern part of the state, and a section of the Appalachian Trail roughly follows the Tennessee–North Carolina border.

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