# Mississippi River Basin drought officially ends confirms USACE | Feed & Grain

> The U.S. Army Corps of Engineers announced the end of the drought that has affected the Mississippi River basin since September 2022. Draft restrictions have been lifted, and dredges that kept the channel navigable are on standby.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/16562-mississippi-river-basin-drought-officially-ends-confirms-usace-feed-and-grain
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lifting barge draft restrictions lowers freight costs and improves reliability for grain moving down the Mississippi, which eases pressure on Gulf export basis for corn and soybeans.

## Read by commodity

- SOY: neutral
- CORN: neutral
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-28 | [Mississippi River drought is officially over, but situation remains fragile](https://feedsoft.ai/events/16566-mississippi-river-drought-is-officially-over-but-situation-remains-fragile.md) | +3.8% | +5.5% |
| CORN | 2022-05-14 | [Drought Stalls Mississippi River Cargo](https://feedsoft.ai/events/16710-drought-stalls-mississippi-river-cargo.md) | +0.1% | +0.3% |
| CORN | 2023-05-01 | [USDA: Grain barge delays from Mississippi flooding \| Feed & Grain](https://feedsoft.ai/events/16625-usda-grain-barge-delays-from-mississippi-flooding-feed-and-grain.md) | +0.3% | -1.8% |
| CORN | 2026-02-20 | [2025 barge grain movements rise despite weather challenges on Mississippi River System \| Feed & Grain](https://feedsoft.ai/events/16383-2025-barge-grain-movements-rise-despite-weather-challenges-on-mississippi-river.md) | +1.4% | +8.9% |
| CORN | 2020-10-02 | [River Woes Push Basis Lower \| Feed & Grain](https://feedsoft.ai/events/50835-river-woes-push-basis-lower-feed-and-grain.md) | -1.1% | +5.3% |
| SOY | 2024-02-28 | [Mississippi River drought is officially over, but situation remains fragile](https://feedsoft.ai/events/16566-mississippi-river-drought-is-officially-over-but-situation-remains-fragile.md) | +0.8% | +6.0% |
| SOY | 2023-05-01 | [USDA: Grain barge delays from Mississippi flooding \| Feed & Grain](https://feedsoft.ai/events/16625-usda-grain-barge-delays-from-mississippi-flooding-feed-and-grain.md) | +1.7% | -7.4% |
| SOY | 2017-05-30 | [WEEKLY GRAIN MOVEMENT: Rising water slows Mississippi River shipping](https://feedsoft.ai/events/70890-weekly-grain-movement-rising-water-slows-mississippi-river-shipping.md) | -0.5% | -2.1% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/news/15664971/mississippi-river-basin-drought-officially-ends-confirms-usace

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