# Rising river, falling prices

> The Mississippi River has risen after reaching historic lows last fall, when low water forced barges to travel single-file and raised shipping costs sharply. Louisiana Agriculture Commissioner Mike Strain says freight rates are returning toward lower levels, and barges can again run two or more abreast. He also said good growing-season prospects should help bring some grocery prices down.

- Date: 2023-03-09 · published 2023-03-09T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/37049-rising-river-falling-prices
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Falling barge freight rates lower the cost of moving grain from the Midwest to Gulf elevators, which supports farm-gate prices and export competitiveness. The reduced transport costs also ease pressure on feed ingredient prices delivered to buyers.

## Read by commodity

- BARGE: bearish ▼

## Sources

- audacy.com: https://www.audacy.com/wwl/news/local/rising-river-falling-prices

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