How low Mississippi River water levels could disrupt grain harvests, again

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.

• Sep 16, 2024Low Mississippi River water levels disrupt barge shipping for third consecutive year | Agriculture Dive+1.6%
• Sep 25, 2025Low water levels return to Mississippi River as harvest season begins | Feed & Grain-2.5%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-1.4%
• Aug 30, 2023Low Mississippi River level will challenge grain movement again this harvest-0.0%
• Sep 30, 2022Low Mississippi River water levels threaten U.S. agricultural exports - Marine Log+1.0%

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

• Sep 16, 2024Low Mississippi River water levels disrupt barge shipping for third consecutive year | Agriculture Dive+2.6%
• Sep 25, 2025Low water levels return to Mississippi River as harvest season begins | Feed & Grain+0.4%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-2.0%
• Aug 30, 2023Low Mississippi River level will challenge grain movement again this harvest-1.6%
• Sep 30, 2022Low Mississippi River water levels threaten U.S. agricultural exports - Marine Log-3.7%