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Two consecutive years of drought have disrupted Mississippi River shipping during harvest, and experts warn that barge operators and farmers should prepare for more uncertainty. Barges remain cheaper and higher-capacity than rail or trucks, with a typical 15-barge tow carrying about 787,500 bushels of grain.
Recurring drought-related disruptions raise the risk of periodic freight spikes and export bottlenecks, which can widen basis for grain and feed ingredients. Buyers may face more volatile delivered costs over time.
waterwayscouncil.orgWaterways CouncilNov 1, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
