
Grain barge movement on the Mississippi River System enters 2026 with strong export demand but continued weather-driven volatility. St. Louis barge rates averaged $19.26 per ton in the fourth quarter, and winter ice pushed rates near $25 per ton, more than 60% above the five-year average.
Ice-driven rate spikes and temporary volume drops raise landed costs for interior grain and feed ingredients. Unshipped export balances point to continued strong river demand once navigation normalizes.
Not enough comparable past events yet for a historical read.
After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.