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As of Friday morning, there were 62 vessels and 1,058 barges in the queue, ready to head to the Gulf.

Federal and state water projects say they will provide little to no irrigation water to many agricultural customers, so farmers must calculate how much food they can grow with their limited supplies.

The unexplained suspension of operations of a key Chinese agricultural data provider has left traders, analysts and brokers scrambling for other sources of information on one of the world’s most important farm markets.

The Hernando de Soto Bridge, which links Memphis and eastern Arkansas, could be closed to vehicle traffic for a couple of months. Grain exporters are hoping barge traffic will be able to resume much sooner.

A significant fracture on the I-40 bridge is now shut down to not only vehicle traffic, but barges until the issue can be fixed. The emergency shut down is a barrier for barge traffic along the Mississippi River.

Inflation concerns are heating up as fresh data from the Labor Department shows U.S. consumer prices have risen more than 4% over the past year, marking the sharpest increase since 2008.

“We could not have a better way to celebrate our 75th anniversary in North America,” Geraldo Mattioli, SVP North America said in the program announcement.

USDA’s first look at new crop in the May WASDE indicated higher crop prices could start to erode demand. However, USDA points out greater domestic use could help offset the idea of lower exports.

Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes could happen sooner than anticipated.