# Domestic demand for soybeans, export demand for corn keeps prices up - High Plains Journal

> Low Mississippi and Ohio river levels are restricting barge loads and raising freight rates, with some grain diverted. Strong domestic soybean crush demand and reduced U.S. yields are keeping soybean and corn prices high, though corn export sales lag the five-year average.

- Date: 2022-10-30 · published 2022-10-30T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/39175-domestic-demand-for-soybeans-export-demand-for-corn-keeps-prices-up-high-plains
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Shallow rivers raise delivered costs and widen local cash basis in the Midwest, squeezing feed buyers. Tight U.S. yields and firm crush demand keep soybean meal and corn supported.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-02-23 | [High barge freight keeps US corn and soybean CIF NOLA elevated \| S&P Global](https://feedsoft.ai/events/16388-high-barge-freight-keeps-us-corn-and-soybean-cif-nola-elevated-s-and-p-global.md) | +2.1% | +7.7% |
| CORN | 2021-02-03 | [Corn extends losses; Chinese demand keeps prices near 2013 peak \| Financial Post](https://feedsoft.ai/events/5828-corn-extends-losses-chinese-demand-keeps-prices-near-2013-peak-financial-post.md) | +0.3% | -1.8% |
| CORN | 2020-06-13 | [Low water is crippling South American grain highway - High Plains Journal](https://feedsoft.ai/events/52444-low-water-is-crippling-south-american-grain-highway-high-plains-journal.md) | +0.4% | +0.1% |
| CORN | 2025-08-15 | [Surging Grain, Soybean Exports Buoy Covered Barge Market - The Waterways Journal](https://feedsoft.ai/events/23511-surging-grain-soybean-exports-buoy-covered-barge-market-the-waterways-journal.md) | +2.6% | +5.0% |
| CORN | 2020-02-13 | [Mississippi River project approved, more corn and soybean export capacity expected](https://feedsoft.ai/events/54495-mississippi-river-project-approved-more-corn-and-soybean-export-capacity.md) | +1.0% | +1.3% |
| SOY | 2022-05-04 | [Soybean prices in Ukraine are falling amid falling demand for meal and cake](https://feedsoft.ai/events/41517-soybean-prices-in-ukraine-are-falling-amid-falling-demand-for-meal-and-cake.md) | -1.7% | +1.9% |
| SOY | 2026-02-23 | [High barge freight keeps US corn and soybean CIF NOLA elevated \| S&P Global](https://feedsoft.ai/events/16388-high-barge-freight-keeps-us-corn-and-soybean-cif-nola-elevated-s-and-p-global.md) | +1.7% | +2.1% |
| SOY | 2021-02-03 | [Corn extends losses; Chinese demand keeps prices near 2013 peak \| Financial Post](https://feedsoft.ai/events/5828-corn-extends-losses-chinese-demand-keeps-prices-near-2013-peak-financial-post.md) | +3.5% | +4.1% |

## Sources

- hpj.com: https://hpj.com/2022/10/30/domestic-demand-for-soybeans-export-demand-for-corn-keeps-prices-up/

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