# Mississippi River at Memphis is Still Falling With Not Much Relief in Sight

> The Mississippi River at Memphis was at -9.81 feet on October 27, and St. Louis and Cairo were also below key thresholds. The USDA warned that forecast precipitation will not stabilize water levels, so more draft and tow-size restrictions are expected. Soy Transportation Coalition officials say each foot of draft reduction cuts a barge's load by about 7,000 bushels of soybeans.

- Date: 2024-10-28 · published 2024-10-28T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/16505-mississippi-river-at-memphis-is-still-falling-with-not-much-relief-in-sight
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Continued draft cuts raise barge freight costs and limit soybean movement to export terminals, which pressures interior soybean bids. Persistent low water extends the freight premium into peak export season.

## Read by commodity

- SOY: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-10-25 | [Relief still far off for low Mississippi River, hindering barge movement - FreightWaves](https://feedsoft.ai/events/39336-relief-still-far-off-for-low-mississippi-river-hindering-barge-movement.md) | +2.6% | +4.7% |
| SOY | 2024-10-16 | [As Harvest Ramps Up, the Lower Mississippi River Is Falling Again](https://feedsoft.ai/events/16504-as-harvest-ramps-up-the-lower-mississippi-river-is-falling-again.md) | +0.1% | +1.3% |
| SOY | 2023-08-28 | [Will It Be Deja Vu on the Lower Mississippi River This Fall?](https://feedsoft.ai/events/12855-will-it-be-deja-vu-on-the-lower-mississippi-river-this-fall.md) | -1.8% | -6.0% |
| SOY | 2025-08-27 | [The Mississippi River is Set to Fall to Severe Levels for the Fourth Year in a Row](https://feedsoft.ai/events/23510-the-mississippi-river-is-set-to-fall-to-severe-levels-for-the-fourth-year-in-a.md) | -1.2% | -1.9% |
| SOY | 2020-10-02 | [Barge Freight Starting to Ease on Mississippi, Illinois Rivers \| Feed & Grain](https://feedsoft.ai/events/50543-barge-freight-starting-to-ease-on-mississippi-illinois-rivers-feed-and-grain.md) | +2.6% | +2.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/columns/cash-market-moves/article/2024/10/28/mississippi-river-memphis-still-much

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.