# A Third Consecutive Year with Low River Levels | Red River Farm Network

> Red River Farm Network reports that Mississippi River levels at Memphis have dropped 17 feet since June and will likely keep falling through the end of August. The article says this year's drop is less severe than in 2022 and 2023, but grain analysts are watching closely. The river is down for a third straight year.

- Date: 2024-08-21 · published 2024-08-21T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16519-a-third-consecutive-year-with-low-river-levels-red-river-farm-network
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Falling river levels raise barge freight and limit grain shipments, so analysts expect some pressure on interior basis even though the drop is milder than in prior years.

## Read by commodity

- BARGE: bullish ▲

## Sources

- rrfn.com: https://www.rrfn.com/2024/08/21/a-third-consecutive-year-with-low-river-levels/

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