
About 60% of U.S. grain exports move by barge down the Mississippi to New Orleans. Low river levels are again creating problems for farmers shipping soybeans and grain.
With most U.S. grain exports relying on barges, low water raises transport costs and can weaken Midwest cash prices relative to export values.
Not 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.