# Mississippi River grain barge rates fall sharply | Feed & Grain

> The USDA reported that the St. Louis barge spot rate fell 49% in the week of November 8 to $40.74/ton, its lowest since September 20. The drop followed recent rain that eased low river levels, though the rate remained 145% above the same week last year.

- Date: 2022-11-10 · published 2022-11-10T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/10332-mississippi-river-grain-barge-rates-fall-sharply-feed-and-grain
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Lower barge freight reduces the cost of moving grain down the Mississippi, which narrows basis and supports interior grain prices. Rates remain far above normal, so the relief is partial.

## Read by commodity

- BARGE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BARGE | 2022-11-08 | 1 | -43.3% | -3.4 | USDA reported the St. Louis barge spot rate fell 49% in the week of Nov 8 to $40.74/ton as rain eased low river levels, which directly matches the size and timing of the one-day drop. |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/news/15384583/mississippi-river-grain-barge-rates-fall-sharply

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.