# Barge Rates Soar As Inland Waterways System Recovers - The Waterways Journal

> The Waterways Journal reports that barge rates are rising as the harvest approaches and damaged equipment is repaired. IHS Markit says the hurricanes' impact on barge movements was worse than Katrina's. Five or six of nine major Lower Mississippi grain elevators have reopened, while the Cargill Reserve elevator may be offline for months.

- Date: 2021-09-24 · published 2021-09-24T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/45001-barge-rates-soar-as-inland-waterways-system-recovers-the-waterways-journal
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Reduced elevator capacity and rising barge demand at harvest push freight rates higher, raising the cost of moving grain to export. Ample storage capacity limits the upside.

## Read by commodity

- BARGE: bullish ▲

## Sources

- waterwaysjournal.net: https://www.waterwaysjournal.net/2021/09/24/barge-rates-soar-as-inland-waterways-system-recovers/

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