# Grain Transportation Report, October 20, 2022

> The St. Louis barge spot rate fell to $72.58 per ton for the week of October 18 from a peak of $105.85 the week before, though it remains up 130% year on year. Record-low Lower Mississippi water levels at Memphis and Ohio River dredging closures continue to delay barge traffic. Some shippers have pushed deliveries later in the year.

- Date: 2022-10-20 · published 2022-10-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/39304-grain-transportation-report-october-20-2022
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Low river levels restrict barge capacity and raise freight costs for Midwest grain, which tends to weaken interior cash bids and support Gulf-related basis differentials.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-10-27 | [Grain Transportation Report, October 27, 2022](https://feedsoft.ai/events/39334-grain-transportation-report-october-27-2022.md) | +4.2% | +3.9% |
| SOY | 2021-10-01 | [Grain Transportation Report, October 21, 2021](https://feedsoft.ai/events/44415-grain-transportation-report-october-21-2021.md) | -0.7% | -1.8% |
| SOY | 2022-09-01 | [Grain Transportation Report, September 1, 2022](https://feedsoft.ai/events/14902-grain-transportation-report-september-1-2022.md) | -2.5% | -6.4% |
| SOY | 2022-04-21 | [Grain Transportation Report, April 21, 2022](https://feedsoft.ai/events/16719-grain-transportation-report-april-21-2022.md) | -1.2% | -4.8% |
| SOY | 2020-05-21 | [Grain Transportation Report, May 21, 2020](https://feedsoft.ai/events/53011-grain-transportation-report-may-21-2020.md) | +0.0% | +3.1% |
| CORN | 2022-10-27 | [Grain Transportation Report, October 27, 2022](https://feedsoft.ai/events/39334-grain-transportation-report-october-27-2022.md) | -2.0% | -2.6% |
| CORN | 2021-10-01 | [Grain Transportation Report, October 21, 2021](https://feedsoft.ai/events/44415-grain-transportation-report-october-21-2021.md) | +0.7% | +3.7% |
| CORN | 2019-10-17 | [Grain Transportation Report, October 17, 2019](https://feedsoft.ai/events/56458-grain-transportation-report-october-17-2019.md) | -1.0% | -2.0% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.10-20-2022

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