# Market Perspectives – December 8, 2022 - Page 9 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council market perspectives note describes dry-bulk freight markets as drifting lower with little expected change in the coming weeks. It says the Mississippi River low-water situation improved, with barges loading to 9.0-9.6 foot drafts, and that ILWU container port contract talks continue into 2023.

- Date: 2022-12-08 · published 2022-12-08T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/38403-market-perspectives-december-8-2022-page-9-of-10-u-s-grains-and-bioproducts
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Improved river drafts ease barge constraints on Gulf grain exports, which modestly supports US export competitiveness and reduces freight-driven basis pressure. Continued port labor talks are a source of residual logistics risk for export flows.

## Read by commodity

- BARGE: bearish ▼
- OCEANFRT: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-december-8-2022/9/

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