The US Army Corps of Engineers St. Paul District reported 2025 Mississippi River navigation tonnage at Lock and Dam 10 of 10.57 million tons, a slight decline from 2024 and about 3.2 million tons below the 10-year average. Agricultural products made up 5.12 million tons, including corn and soybeans, and fertilizer 2.48 million tons.
Lower upper-river barge volume reflects weaker bulk movement and has limited direct price impact, though it underscores the ongoing constraints on river logistics.
Not enough comparable past events yet for a historical read.
After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% 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.