Grain Shippers Slowed by Mississippi River Drought Also Race Against Winter

Not enough comparable past events yet for a historical read.

After 49 past bullish logistics events, Urea moved a median -0.3% over 5 sessions (45% higher; middle half -1.3% to +2.2%), and -0.4% over 20.

• Dec 22, 2022Mississippi and Ohio Rivers Hit Rock Bottom in Fall 2022-1.7%
• Apr 27, 2023Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says+3.6%
• Apr 19, 2023Barge operations to stop as Mississippi rises increasing costs to farmers+2.3%
• Sep 1, 2021More Grain Terminals Found Damaged By Ida, Exports May Stall for Weeks - AgWeb+10.9%
• Sep 26, 2025With low water levels on the Mississippi River persisting for the fourth consecutive year, the Memphis District Corps of Engineers held a press conference today to review current river conditions and operations … | Memphis District, U.S. Army Corps of Engineers-3.5%

After 31 past bullish logistics events, DAP moved a median +0.5% over 5 sessions (58% higher; middle half -0.4% to +0.9%), and +1.6% over 20.

• Jan 18, 2024Global shipping delays will affect fertilizer prices - Brownfield Ag News+0.8%
• Sep 14, 2026Fertilizer shipments through the Strait of Hormuz remain near zero+0.3%
• Jan 30, 2024The Red Sea crisis: Imported fertilisers paint mixed price picture | Agriculture - Business Standard-1.7%
• Dec 11, 2023Urea CFR Price Lifted by Buoyant Freight Rates | CZ app+0.9%
• Jul 29, 2026Strait of Hormuz pressure on fertilizers: sulfur rises 322% in one year, phosphates lose demand and urea advances again+1.6%