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A March 21, 2025 Waterways Journal column reports Mississippi River gauges rebounding after a winter low, with Memphis falling back to under 11 feet by March 17, well below its average. Barge freight rates are described as stagnant and tariff uncertainty is noted as a concern.
Falling river levels tighten barge capacity and lift freight costs, which lowers net Gulf prices for Midwest grain, though stagnant rates limit the immediate impact.
waterwaysjournal.netKen EriksenMar 21, 2025Not enough comparable past events yet for a historical read.
After 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.
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.
