Loading…
A Bureau of Transportation Statistics report says the Mississippi River carries more than half of the 165.5 million tons of freight moving between the 12 Upper Mississippi System states and Louisiana. Low water levels on the Lower River are currently hampering those freight flows.
Shallow water raises barge costs and cuts how much grain and fertilizer can move south, which tends to widen basis and lift freight rates for grain shippers.
doi.orgBureau of Transportation StatisticsMar 12, 2025Not enough comparable past events yet for a historical read.
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.
