Hurricane Ida threw teh barge industry into a tizzy along the Mississippi River

Not enough comparable past events yet for a historical read.

After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

• Sep 29, 2022Low water on the Mississippi River impacting barge traffic | AP News+1.7%
• Oct 6, 2023The Mississippi River is reaching historic highs and lows — forcing the shipping industry to adapt | NPR Illinois-0.5%
• Sep 28, 2023Shipping Industry Grapples With How to Adapt to Changing Mississippi River Flows+1.1%
• Oct 5, 2020Some Areas Along the Mississippi River Need a Tall Drink of Water+0.6%
• Nov 7, 2022Mississippi River's Low Levels Causing Barge Traffic Issues-0.7%

After 297 past bearish logistics events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% over 20.

• Sep 28, 2023Shipping Industry Grapples With How to Adapt to Changing Mississippi River Flows-2.3%
• Oct 5, 2020Some Areas Along the Mississippi River Need a Tall Drink of Water+4.4%
• Nov 7, 2022Mississippi River's Low Levels Causing Barge Traffic Issues+0.3%
• Apr 24, 2023Swollen Upper Mississippi River Stalls Barge Traffic-2.6%
• Apr 27, 2023Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says+0.8%