Mississippi barge rates dropping despite little improvement in river levels

Not enough comparable past events yet for a historical read.

After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

• Oct 25, 2022Relief still far off for low Mississippi River, hindering barge movement - FreightWaves-1.4%
• Oct 6, 2017Report: Barge rates skyrocket amid Ohio, Mississippi river closures - FreightWaves-0.4%
• Jul 1, 2019Barge movement resumes on Mississippi, but remains sluggish - FreightWaves+1.3%
• Aug 31, 2023Barge Spot Rates Hit $23.34 a Ton as Mississippi River Water Levels Drop - Bloomberg+1.5%
• Nov 7, 2022Mississippi River's Low Levels Causing Barge Traffic Issues-0.7%

After 297 past bearish logistics events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% over 20.

• Oct 25, 2022Relief still far off for low Mississippi River, hindering barge movement - FreightWaves+2.6%
• Oct 1, 2025Low Mississippi River Levels Pressure Grain Barge Movement - RFD-TV+2.0%
• Jul 1, 2019Barge movement resumes on Mississippi, but remains sluggish - FreightWaves-2.7%
• Aug 31, 2023Barge Spot Rates Hit $23.34 a Ton as Mississippi River Water Levels Drop - Bloomberg-2.6%
• Nov 7, 2022Mississippi River's Low Levels Causing Barge Traffic Issues+0.3%