New Orleans Grain Barges Hit 873 as Low Water Trims Tows

Not enough comparable past events yet for a historical read.

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 21, 2023Barge loads reduced as low water impacts Mississippi River | Feed & Grain-0.2%
• Sep 29, 2022Low water on the Mississippi River impacting barge traffic | AP News+1.7%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-1.4%
• May 1, 2018Grain barge tonnage below average+1.7%
• Sep 25, 2025Low water levels return to Mississippi River as harvest season begins | Feed & Grain-2.5%

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

• Oct 6, 2022Barges grounded by low water halt Mississippi River traffic | AP News+1.9%
• Sep 21, 2023Barge loads reduced as low water impacts Mississippi River | Feed & Grain-1.3%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-2.0%
• May 1, 2018Grain barge tonnage below average-3.4%
• Sep 25, 2025Low water levels return to Mississippi River as harvest season begins | Feed & Grain+0.4%