# Barge rates rise due to low Mississippi river levels

> Low Mississippi River levels pushed the St. Louis barge spot rate to a record of $105.85 per tonne in the week of October 10 before it fell to $72.58 the following week. Barges were light-loaded, groundings halted traffic, and some shippers delayed deliveries.

- Date: 2022-11-08 · published 2022-11-08T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/10334-barge-rates-rise-due-to-low-mississippi-river-levels
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Higher barge rates raise the cost of moving US grain to export terminals and can widen the gap between interior and Gulf prices. Delayed shipments also tighten near-term export availability.

## Read by commodity

- BARGE: bullish ▲

## Sources

- ofimagazine.com: https://www.ofimagazine.com/news/barge-rates-rise-due-to-low-mississippi-river-levels

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