Ep. 7 Low Water Levels on the Mississippi River: Not the Three-Peat We Want

Not enough comparable past events yet for a historical read.

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.

• Jan 27, 2022Low Mississippi River water levels impact river users+7.3%
• Sep 30, 2022Low Mississippi River water levels threaten U.S. agricultural exports - Marine Log-3.7%
• Oct 30, 2022The Mississippi River is facing low water levels. It could make inflation worse : NPR+4.6%
• Oct 31, 2022Low Water Levels in the Mississippi River Result in Abnormally Weak Soybean Basis+4.6%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-2.0%

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.

• Jan 27, 2022Low Mississippi River water levels impact river users+1.7%
• Sep 30, 2022Low Mississippi River water levels threaten U.S. agricultural exports - Marine Log+1.0%
• Oct 30, 2022The Mississippi River is facing low water levels. It could make inflation worse : NPR-2.2%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-1.4%
• Sep 29, 2022Low water on the Mississippi River impacting barge traffic | AP News+1.7%