Barge Spot Rates Hit $23.34 a Ton as Mississippi River Water Levels Drop

After 359 past bearish logistics events, CORN moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

• Sep 9, 2024Mississippi River restricts barges as water levels drop - DredgeWire : DredgeWire+1.0%
• Sep 7, 2023Barge rates pressured by low Mississippi River water levels | Supply Chain Dive-1.2%
• Sep 28, 2022Drought Pushes Mississippi River Grain Shipping Rate to a Record - Bloomberg+1.9%
• Nov 4, 2022Decade-low water levels on Mississippi River slow barges, disrupt food supply chain-0.9%
• Sep 25, 2025Low water levels return to Mississippi River as harvest season begins | Feed & Grain-2.5%

After 297 past bearish logistics events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% over 20.

• Sep 9, 2024Mississippi River restricts barges as water levels drop - DredgeWire : DredgeWire-0.3%
• Sep 7, 2023Barge rates pressured by low Mississippi River water levels | Supply Chain Dive-1.8%
• Sep 28, 2022Drought Pushes Mississippi River Grain Shipping Rate to a Record - Bloomberg-1.7%
• Nov 4, 2022Decade-low water levels on Mississippi River slow barges, disrupt food supply chain+0.3%
• Sep 25, 2025Low water levels return to Mississippi River as harvest season begins | Feed & Grain+0.4%

Not enough comparable past events yet for a historical read.