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Supply Chain

Deadly Floods Choking Everything From Oil To Wheat In US Midwest

Deadly flooding across the US Midwest is disrupting everything from oil to agriculture, forcing pipelines, terminals and grain elevators to close.

The floods have killed at least 30 people and shut hundreds of roads across Missouri and Illinois, according to state emergency officials in Missouri, Illinois and Oklahoma. Rain-swollen rivers will set records in the Mississippi River basin through much of January.

Fifty miles (80 kilometres) of the Illinois River remain closed, according to the US Coast Guard, as well as five miles of the Mississippi River. While water levels have started to recede in some areas, closures and restrictions remain in place for safety reasons, said Jonathan Lally, a spokesman for the US Coast Guard.

"The high water is kind of moving in a big glob, and it's on its way down," he said in a telephone interview from New Orleans.

News by Bloomberg, edited by ESM. To subscribe to ESM: The European Supermarket Magazine, click here.

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