Loading…
Low water on the Mississippi and Illinois rivers, worsened by wintry weather, has sharply restricted barge traffic for US grain shipments. The Mississippi at St. Louis fell below the 3.2-foot low threshold on Jan.
20-21, reducing draft capacity, raising transport costs and forcing export reroutes. The report says the situation comes amid strong global demand for corn, soybeans and wheat.
Higher barge costs and reduced draft widen the discount on interior grain versus Gulf export values, which pressures farm-level prices for corn and soybeans while shifting export flows.
agrolatam.comAgroLatam U.SJan 29, 2026After 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.
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.
After 137 past bearish logistics events, Wheat (SRW) moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.0%), and +0.0% over 20.
Not enough comparable past events yet for a historical read.
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.
