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Frozen sections of the Mississippi River restricted navigation in the week ended Jan. 23, raising freight costs.
CIF New Orleans corn rose $2.10/mt for January shipment and FOB Gulf corn rose $3.25/mt for March shipment. Traders also cited tighter nearby DDGS supplies and firmer North American wheat values.
Barge navigation limits raise the cost of moving corn and other grains to export ports, which lifts Gulf basis and feed co-product prices. Tighter nearby DDGS supplies add upward pressure on feed prices.
ukragroconsult.comJan 26, 2026After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
