Flood forecast up in St.Louis; locks to shut early

By Lisa Shumaker

CHICAGO (Reuters) - The Mississippi River will rise higher than originally forecast in St. Louis, forcing two locks and dams to close a day earlier than expected amid the worst flooding in the Midwest in 15 years.

The river is forecast to crest in St. Louis at 39.6 feet on June 20, up from forecasts earlier Friday of 38 feet.

"It will rank as about the eighth or ninth on the record books," said Alan Dooley, spokesman for the Army Corps. "It's like the flood of 1982 or 1944."

Flooding in St. Louis still is not expected to be as severe as 1993 when the river reached 49.58 feet and water was halfway up the steps of the St. Louis Gateway Arch. Midwest flooding that year killed 48 people and caused $21.0 billion in damage, according to the National Oceanic and Atmospheric Administration.

The Missouri and Illinois rivers flow into the Mississippi River at St. Louis, a major hub for grain and transportation.

Some of the worst of the flooding is in Iowa, a leading producer of U.S. corn and soybeans.

Crop losses from the flooding have sent corn futures at the Chicago Board of Trade to record highs for seven straight trading sessions. Prices for food and fuel could rise, playing into growing fears of inflation threatening the battered U.S. economy.

LOCKS TO CLOSE EARLY