Swollen Upper Mississippi River Stalls Barge Traffic

Not enough comparable past events yet for a historical read.

After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

• Apr 28, 2023Barge traffic stopped on upper Mississippi | wqad.com+0.5%
• Jul 16, 2019Record Flood-Stage Days Stymie Mississippi River Barge Traffic-2.3%
• Nov 7, 2022Mississippi River's Low Levels Causing Barge Traffic Issues-0.7%
• Sep 26, 2018Barge Breakaway Halts Mississippi River Traffic North-0.2%
• Apr 27, 2023Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says-0.9%

After 297 past bearish logistics events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% over 20.

• Apr 28, 2023Barge traffic stopped on upper Mississippi | wqad.com+1.5%
• Jul 16, 2019Record Flood-Stage Days Stymie Mississippi River Barge Traffic-1.5%
• Nov 7, 2022Mississippi River's Low Levels Causing Barge Traffic Issues+0.3%
• Apr 27, 2023Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says+0.8%
• May 1, 2023Flood Waters Continue to Stop Barge Traffic on Upper Mississippi+1.7%