# Panama Canal has plenty of water but transits stil... | myKN

> The Panama Canal Authority said water levels are sufficient for the rest of 2025 and early 2026, with Gatun Lake at 86.6 ft. Transits averaged 31.4 per day in June, flat month on month but down 14% versus June 2022 before the drought. Neopanamax containership transits fell 16% m/m as Asia-US east coast trade was disrupted by US tariffs.

- Date: 2025-07-14 · published 2025-07-14T12:00:00.000Z
- Category: logistics · region Panama · magnitude low
- Page: https://feedsoft.ai/events/16928-panama-canal-has-plenty-of-water-but-transits-stil-mykn
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Restored canal capacity eases grain and soymeal shipping constraints, but reduced containership and tariff-affected trade flows point to softer freight demand for US export routes.

## Read by commodity

- SBM: neutral
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-12-29 | [Traffic Jam on the Illinois Waterway: Tugboats Are Busy Through the Holidays](https://feedsoft.ai/events/55474-traffic-jam-on-the-illinois-waterway-tugboats-are-busy-through-the-holidays.md) | +0.8% | +0.7% |
| SBM | 2021-09-16 | [China buys Brazilian soy as hurricane damage limits US exports: traders - Markets - Business Recorder](https://feedsoft.ai/events/44957-china-buys-brazilian-soy-as-hurricane-damage-limits-us-exports-traders-markets.md) | +0.8% | -5.1% |
| SBM | 2019-07-16 | [The Port of New Orleans reopens as embargoes slow rail traffic \| 2019-07-16  \| Food Business News](https://feedsoft.ai/events/58110-the-port-of-new-orleans-reopens-as-embargoes-slow-rail-traffic-2019-07-16-food.md) | -1.0% | -6.3% |
| SBM | 2024-05-01 | [ECSA WATCH: Atlantic dry bulk market strength likely to wane in May on higher tonnage concerns](https://feedsoft.ai/events/30455-ecsa-watch-atlantic-dry-bulk-market-strength-likely-to-wane-in-may-on-higher.md) | +8.1% | +7.1% |
| SBM | 2020-12-03 | [Market Perspectives – December 3, 2020 - Page 9 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/49550-market-perspectives-december-3-2020-page-9-of-10-u-s-grains-and-bioproducts.md) | -1.3% | +11.5% |

## Sources

- mykn.kuehne-nagel.com: https://mykn.kuehne-nagel.com/news/article/panama-canal-has-plenty-of-water-10-jul-2025

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