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The US Coast Guard Ohio Valley issued a low water advisory for the Lower Mississippi from mile marker 869 to 953.8. Northbound tows are limited to a 10'6" draft and 4 barges wide when fully loaded, and southbound tows to an 11'6" draft and 6 barges wide.
Tow restrictions force smaller loads and more trips, raising barge freight costs that get passed back to farmers' basis and export margins.
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.