# U.S. grain exports sink as Gulf terminals struggle to recover from Ida | Reuters

> Reuters reports that US grain exports fell as Gulf Coast terminals struggled to recover from Hurricane Ida. Soybean inspections rose only slightly from a seven-year low, and just one large bulk ship bound for China was loaded in the Pacific Northwest, with none at the Gulf.

- Date: 2021-09-13 · published 2021-09-13T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/44956-u-s-grain-exports-sink-as-gulf-terminals-struggle-to-recover-from-ida-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Constrained US export capacity during peak season shifts demand to other origins and builds US stocks, which is bearish for US soybean and corn prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-09-01 | [More Grain Terminals Found Damaged By Ida, Exports May Stall for Weeks - AgWeb](https://feedsoft.ai/events/5163-more-grain-terminals-found-damaged-by-ida-exports-may-stall-for-weeks-agweb.md) | -2.2% | -1.2% |
| SOY | 2021-09-20 | [Ida, Nicholas Temporarily Halt Grain Exports From Lower Mississippi River - The Waterways Journal](https://feedsoft.ai/events/45000-ida-nicholas-temporarily-halt-grain-exports-from-lower-mississippi-river-the.md) | +0.1% | -5.2% |
| SOY | 2017-12-05 | [Wooden Dams And River Jams Strain US Grain Exports](https://feedsoft.ai/events/67382-wooden-dams-and-river-jams-strain-us-grain-exports.md) | -1.6% | -3.9% |
| SOY | 2022-09-30 | [Low River Levels, Soaring Barge Freight Curb U.S. Grain Exports](https://feedsoft.ai/events/16682-low-river-levels-soaring-barge-freight-curb-u-s-grain-exports.md) | -3.7% | -2.0% |
| SOY | 2021-10-03 | [Barge rates soar as logistics struggle to recover - High Plains Journal](https://feedsoft.ai/events/44428-barge-rates-soar-as-logistics-struggle-to-recover-high-plains-journal.md) | -0.3% | -0.9% |
| CORN | 2021-09-01 | [More Grain Terminals Found Damaged By Ida, Exports May Stall for Weeks - AgWeb](https://feedsoft.ai/events/5163-more-grain-terminals-found-damaged-by-ida-exports-may-stall-for-weeks-agweb.md) | -5.3% | -8.2% |
| CORN | 2024-02-13 | [Ukraine on track to export all 2023 grain, says Britain \| Reuters](https://feedsoft.ai/events/14321-ukraine-on-track-to-export-all-2023-grain-says-britain-reuters.md) | +0.2% | +3.8% |
| CORN | 2021-09-20 | [Ida, Nicholas Temporarily Halt Grain Exports From Lower Mississippi River - The Waterways Journal](https://feedsoft.ai/events/45000-ida-nicholas-temporarily-halt-grain-exports-from-lower-mississippi-river-the.md) | -4.3% | -4.1% |

## Sources

- reuters.com: https://www.reuters.com/business/us-grain-exports-sink-gulf-terminals-struggle-recover-ida-2021-09-13/

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