# Mississippi River drought is officially over, but situation remains fragile

> The Army Corps of Engineers has declared the severe Mississippi River drought over, with draft restrictions lifted and dredging halted. The Soy Transportation Coalition says the river failed to run at full capacity during the fall export season and that river gauges remain well below normal.

- Date: 2024-02-28 · published 2024-02-28T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/16566-mississippi-river-drought-is-officially-over-but-situation-remains-fragile
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Lifted restrictions ease barge costs, but a shortfall in fall export capacity and fragile water levels could keep Gulf basis and freight volatile.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-02-26 | [Mississippi River Basin drought officially ends confirms USACE \| Feed & Grain](https://feedsoft.ai/events/16562-mississippi-river-basin-drought-officially-ends-confirms-usace-feed-and-grain.md) | +0.5% | +7.8% |
| 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 | 2022-02-10 | [Opinion: Upper Mississippi River infrastructure finally gets its due](https://feedsoft.ai/events/42890-opinion-upper-mississippi-river-infrastructure-finally-gets-its-due.md) | -0.0% | +11.8% |
| CORN | 2019-06-27 | [Mixed emotions as Upper Mississippi River reopens to barges](https://feedsoft.ai/events/58498-mixed-emotions-as-upper-mississippi-river-reopens-to-barges.md) | -2.5% | -4.4% |
| CORN | 2023-10-09 | [Water isn’t rising on Mississippi, but barge rates have steadied for now - FreightWaves](https://feedsoft.ai/events/16598-water-isn-t-rising-on-mississippi-but-barge-rates-have-steadied-for-now.md) | -0.2% | -3.4% |
| SOY | 2024-02-26 | [Mississippi River Basin drought officially ends confirms USACE \| Feed & Grain](https://feedsoft.ai/events/16562-mississippi-river-basin-drought-officially-ends-confirms-usace-feed-and-grain.md) | +0.9% | +5.3% |
| SOY | 2022-02-10 | [Opinion: Upper Mississippi River infrastructure finally gets its due](https://feedsoft.ai/events/42890-opinion-upper-mississippi-river-infrastructure-finally-gets-its-due.md) | -0.5% | +6.6% |
| SOY | 2023-02-06 | [Rising water levels on the Mississippi but supply chain issues persist - DredgeWire : DredgeWire](https://feedsoft.ai/events/37495-rising-water-levels-on-the-mississippi-but-supply-chain-issues-persist.md) | +0.7% | +0.6% |

## Sources

- brownfieldagnews.com: https://www.brownfieldagnews.com/news/mississippi-river-levels-have-improved-but-concerns-linger/
- workboat.com: https://www.workboat.com/mississippi-river-drought-is-officially-over-but-situation-remains-fragile

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