# Mississippi River isn’t rising but barge rates aren’t getting any higher - FreightWaves

> Mississippi River water levels at Memphis stayed negative after a brief rise earlier in November, reaching minus 9 feet. Barge grain freight rates nonetheless declined and remained well below year-earlier levels, with the USDA transport cost indicator at 275 versus 670 a year ago.

- Date: 2023-11-22 · published 2023-11-22T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/16584-mississippi-river-isn-t-rising-but-barge-rates-aren-t-getting-any-higher
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Barge freight costs feed directly into the delivered cost of grain and feed ingredients on the Mississippi corridor. Softer rates ease transport costs for buyers even while low water persists.

## Read by commodity

- BARGE: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/mississippi-river-isnt-rising-but-barge-rates-arent-getting-any-higher

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