# U.S. Army Corps of Engineers discusses record low Mississippi River levels

> The U.S. Army Corps of Engineers said the Mississippi at Memphis hit a record low for a second straight year. Barges are being restricted to shallower drafts, so fewer products move per tow, and industry is shifting volume to road and rail and storing more product elsewhere.

- Date: 2023-11-08 · published 2023-11-08T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/16585-u-s-army-corps-of-engineers-discusses-record-low-mississippi-river-levels
- 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

Reduced barge loads raise transport costs and can trap grain in the interior, pressuring Gulf export basis and farm-gate prices. Forecasts of continued low water through winter keep this supply-chain strain in place.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-28 | [Army Corps of Engineers Expects Challenges with Mississippi River Navigation - ProAg](https://feedsoft.ai/events/29952-army-corps-of-engineers-expects-challenges-with-mississippi-river-navigation.md) | -0.3% | -0.9% |
| CORN | 2024-06-27 | [U.S. Army Corps Monitors Mississippi and Illinois Rivers Amid Rising Water Levels \| WSIU](https://feedsoft.ai/events/29954-u-s-army-corps-monitors-mississippi-and-illinois-rivers-amid-rising-water.md) | -2.3% | -0.1% |
| CORN | 2022-01-27 | [Low Mississippi River water levels impact river users](https://feedsoft.ai/events/16735-low-mississippi-river-water-levels-impact-river-users.md) | +1.7% | +10.2% |
| CORN | 2026-06-01 | [Low Mississippi River Water Levels Raise Shipping Costs for Farmers](https://feedsoft.ai/events/16363-low-mississippi-river-water-levels-raise-shipping-costs-for-farmers.md) | -5.0% | -5.7% |
| CORN | 2022-11-03 | [ANALYSIS - Ethanol producers drink to record low Mississippi River levels - Grain Price News](https://feedsoft.ai/events/38671-analysis-ethanol-producers-drink-to-record-low-mississippi-river-levels-grain.md) | -0.6% | -3.9% |
| SOY | 2024-06-28 | [Army Corps of Engineers Expects Challenges with Mississippi River Navigation - ProAg](https://feedsoft.ai/events/29952-army-corps-of-engineers-expects-challenges-with-mississippi-river-navigation.md) | +3.1% | -6.5% |
| SOY | 2024-06-27 | [U.S. Army Corps Monitors Mississippi and Illinois Rivers Amid Rising Water Levels \| WSIU](https://feedsoft.ai/events/29954-u-s-army-corps-monitors-mississippi-and-illinois-rivers-amid-rising-water.md) | +1.2% | -4.0% |
| SOY | 2022-01-27 | [Low Mississippi River water levels impact river users](https://feedsoft.ai/events/16735-low-mississippi-river-water-levels-impact-river-users.md) | +7.3% | +15.4% |

## Sources

- waterwayscouncil.org: https://waterwayscouncil.org/media/in-the-news/article/2023/11/u-s-army-corps-of-engineers-discusses-record-low-mississippi-river-levels

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