Mississippi River restricts barges as water levels drop - DredgeWire: DredgeWire

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.

• Aug 31, 2023Barge Spot Rates Hit $23.34 a Ton as Mississippi River Water Levels Drop - Bloomberg+1.5%
• Sep 7, 2023Barge rates pressured by low Mississippi River water levels | Supply Chain Dive-1.2%
• Sep 21, 2023Barge loads reduced as low water impacts Mississippi River | Feed & Grain-0.2%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-1.4%
• Jan 27, 2022Low Mississippi River water levels impact river users+1.7%

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.

• Aug 31, 2023Barge Spot Rates Hit $23.34 a Ton as Mississippi River Water Levels Drop - Bloomberg-2.6%
• Sep 7, 2023Barge rates pressured by low Mississippi River water levels | Supply Chain Dive-1.8%
• Sep 21, 2023Barge loads reduced as low water impacts Mississippi River | Feed & Grain-1.3%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-2.0%
• Jan 27, 2022Low Mississippi River water levels impact river users+7.3%