
Mississippi River water levels have recovered after low water in 2022 through 2024, following rainfall from late 2024. The Soy Transportation Coalition says current levels are adequate but could fall quickly in dry weather.
The river carries about 55% of US soybean exports.
Adequate river levels keep barge freight costs and Gulf basis stable, but a return to dry weather could restrict loadings and lift freight costs for soybeans and corn.
Not enough comparable past events yet for a historical read.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.