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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chispas who wrote (35374)	8/15/2005 10:12:56 AM
From: mishedlo	of 116555

Midwest drought nytimes.com As the worst drought since 1988 has deepened across parts of the Midwest, low-water levels are doing more than just inconveniencing gamblers. They are turning parts of the Mississippi and Ohio Rivers into virtual sandbars, causing towboats and barges to run aground and delaying shipments of petroleum products, coal, chemicals, agricultural goods and road-paving materials. The delays are threatening construction projects throughout the region, and the higher transportation costs could ultimately make this year's harvest of corn and other crops too expensive for some international markets, commodity analysts and barge-shipping officials said.

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