# Panama Canal drought restricts transits

> Low Gatun Lake levels cut daily transits and draft limits, raising US Gulf–Asia grain freight.

- Date: 2023-08-01 · published 2023-08-01T12:00:00.000Z
- Category: logistics · region Central America
- Page: https://feedsoft.ai/events/29-panama-canal-drought-restricts-transits
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-02-06 | [BIMCO: Panama Canal Transits Remain 10% Below Average Despite Lifted Drought Restrictions](https://feedsoft.ai/events/16964-bimco-panama-canal-transits-remain-10-below-average-despite-lifted-drought.md) | +1.4% | -7.2% |
| CORN | 2025-02-07 | [Transits Through the Panama Canal are Down 10%  \| SupplyChainBrain](https://feedsoft.ai/events/16969-transits-through-the-panama-canal-are-down-10-supplychainbrain.md) | +1.5% | -6.3% |
| CORN | 2023-06-24 | [US trade dominates Panama Canal traffic. A drought is threatening it](https://feedsoft.ai/events/35379-us-trade-dominates-panama-canal-traffic-a-drought-is-threatening-it.md) | -8.7% | -0.3% |
| CORN | 2023-12-11 | [Panama Canal drought to delay grain ships well into 2024 \| Reuters](https://feedsoft.ai/events/32462-panama-canal-drought-to-delay-grain-ships-well-into-2024-reuters.md) | +1.0% | -0.7% |
| CORN | 2019-05-06 | [Panama Canal Drought Puts Bullseye on U.S. Gulf Crop Exports -](https://feedsoft.ai/events/58988-panama-canal-drought-puts-bullseye-on-u-s-gulf-crop-exports.md) | -3.2% | +10.5% |
| SOY | 2025-02-06 | [BIMCO: Panama Canal Transits Remain 10% Below Average Despite Lifted Drought Restrictions](https://feedsoft.ai/events/16964-bimco-panama-canal-transits-remain-10-below-average-despite-lifted-drought.md) | -2.8% | -4.1% |
| SOY | 2025-02-07 | [Transits Through the Panama Canal are Down 10%  \| SupplyChainBrain](https://feedsoft.ai/events/16969-transits-through-the-panama-canal-are-down-10-supplychainbrain.md) | -2.9% | -4.7% |
| SOY | 2023-06-24 | [US trade dominates Panama Canal traffic. A drought is threatening it](https://feedsoft.ai/events/35379-us-trade-dominates-panama-canal-traffic-a-drought-is-threatening-it.md) | +4.2% | +1.9% |

## Sources

- Wikipedia: https://en.wikipedia.org/wiki/Panama_Canal

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