Recent Rainfall Numbers Boost Mississippi River Depth

Not enough comparable past events yet for a historical read.

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.

• Jul 31, 2020Dredging project cleared to boost Mississippi River capacity-1.2%
• Nov 18, 2022Navigation Pinch Point on Mississippi River Moves North+1.4%
• Nov 1, 2024Rains swell Mississippi River, U.S. soy exports flow at 4-year high+3.4%
• Jan 11, 2022Progress on Lower Mississippi River dredging helps growers - Brownfield Ag News-1.0%
• Sep 16, 2020Mississippi River Ship Channel Deepening to 50 Feet Begins | Port NOLA+2.8%