# What is driving corn price volatility today - Fastmarkets

> Corn prices are becoming more volatile as US exports face logistics constraints from low Mississippi River water levels caused by dry conditions in the Ohio Valley. Brazil's 2022-23 crop is forecast at a record 126.4 million tonnes, up 13.5 million, making it more competitive. USDA had already cut US production in its October estimate.

- Date: 2022-11-15 · published 2022-11-15T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/38708-what-is-driving-corn-price-volatility-today-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Slower barge movement to Gulf terminals limits US corn exports and raises freight costs, which pressures US corn cash prices while Brazil's record supply pulls export demand away from the US.

## Read by commodity

- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-06-27 | [US corn futures fall for sixth session on Midwest rainfall - Fastmarkets](https://feedsoft.ai/events/29805-us-corn-futures-fall-for-sixth-session-on-midwest-rainfall-fastmarkets.md) | -2.3% | -0.1% |
| CORN | 2024-08-26 | [Morning Coffee & Ag Markets](https://feedsoft.ai/events/16517-morning-coffee-and-ag-markets.md) | +2.6% | +6.4% |
| CORN | 2022-11-15 | [Low Mississippi River water levels drive up shipping costs - Marketplace](https://feedsoft.ai/events/38859-low-mississippi-river-water-levels-drive-up-shipping-costs-marketplace.md) | -1.3% | -5.1% |
| CORN | 2019-03-25 | [Flooding Impacts Corn Demand \| Red River Farm Network](https://feedsoft.ai/events/9646-flooding-impacts-corn-demand-red-river-farm-network.md) | -5.0% | -5.6% |
| CORN | 2022-12-02 | [This Week In Dairy 12-02-2022 - Total Farm Marketing by Stewart-Peterson](https://feedsoft.ai/events/8751-this-week-in-dairy-12-02-2022-total-farm-marketing-by-stewart-peterson.md) | -1.9% | +2.9% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/corn-price-volatility/

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