The Coast Guard issued restrictions for commercial traffic on the Lower Mississippi between mile markers 869 and 303, limiting barge drafts to 10 to 12 feet and configurations to six barges wide. Northbound and southbound limits take effect on specific dates in mid-December.
Draft and width limits cut tonnage per barge, raising freight costs and slowing grain movement to Gulf export terminals.
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.
After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% 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.