# Low Water Continues For Middle Mississippi - The Waterways Journal

> Middle Mississippi river levels were about 8 feet below the post-1967 average in late August, with gauges forecast to hit record daily lows without rain. Low-water records were broken five times each in June and July, and the Corps was dredging channels.

- Date: 2023-08-25 · published 2023-08-25T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/16608-low-water-continues-for-middle-mississippi-the-waterways-journal
- 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

Persistent low water restricts barge loadings on a key grain corridor during harvest, raising transport costs and weighing on Midwest cash grain prices relative to futures.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BARGE | 2023-08-29 | 1 | +48.0% | 2.6 | Middle Mississippi levels forecast to hit record lows and repeated low-water records with dredging signal tightening barge supply on the St. Louis stretch. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-10-21 | [Low Water And Mississippi River Drafts - The Waterways Journal](https://feedsoft.ai/events/16676-low-water-and-mississippi-river-drafts-the-waterways-journal.md) | -0.9% | -1.4% |
| CORN | 2024-10-25 | [Low Water 'Three-peats' On Upper, Middle Miss - The Waterways Journal](https://feedsoft.ai/events/16499-low-water-three-peats-on-upper-middle-miss-the-waterways-journal.md) | -1.7% | +0.1% |
| CORN | 2022-01-14 | [Ice, Low Water Affecting Navigation - The Waterways Journal](https://feedsoft.ai/events/16733-ice-low-water-affecting-navigation-the-waterways-journal.md) | -0.1% | +6.0% |
| CORN | 2021-09-20 | [Ida, Nicholas Temporarily Halt Grain Exports From Lower Mississippi River - The Waterways Journal](https://feedsoft.ai/events/45000-ida-nicholas-temporarily-halt-grain-exports-from-lower-mississippi-river-the.md) | -4.3% | -4.1% |
| CORN | 2024-10-25 | [Horizons: Low Water Equals Rising Freight Rates - The Waterways Journal](https://feedsoft.ai/events/16501-horizons-low-water-equals-rising-freight-rates-the-waterways-journal.md) | -1.7% | +0.1% |
| SOY | 2022-10-21 | [Low Water And Mississippi River Drafts - The Waterways Journal](https://feedsoft.ai/events/16676-low-water-and-mississippi-river-drafts-the-waterways-journal.md) | -0.7% | +1.8% |
| SOY | 2024-10-25 | [Low Water 'Three-peats' On Upper, Middle Miss - The Waterways Journal](https://feedsoft.ai/events/16499-low-water-three-peats-on-upper-middle-miss-the-waterways-journal.md) | -1.4% | -1.9% |
| SOY | 2022-01-14 | [Ice, Low Water Affecting Navigation - The Waterways Journal](https://feedsoft.ai/events/16733-ice-low-water-affecting-navigation-the-waterways-journal.md) | +3.6% | +15.9% |

## Sources

- waterwaysjournal.net: https://www.waterwaysjournal.net/2023/08/25/low-water-continues-for-middle-mississippi/

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