# US Barge Costs Spike Weeks After Hurricane Ida

> Barge freight costs for Midwest grain spiked weeks after Hurricane Ida, with CHS Inc's Myrtle Grove, Louisiana export terminal still without utility power and its reopening timeline uncertain. Cargill reopened its Westwego terminal, while Bunge's Destrehan facility runs intermittently.

- Date: 2021-09-17 · published 2021-09-17T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/45240-us-barge-costs-spike-weeks-after-hurricane-ida
- 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)

## Why it matters

Constrained Gulf export capacity during peak harvest shipping raises barge freight costs and can widen basis and FOB discounts for Midwest grain, pressuring farm-gate prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-09-13 | [Hurricane Ida threw teh barge industry into a tizzy along the Mississippi River](https://feedsoft.ai/events/44996-hurricane-ida-threw-teh-barge-industry-into-a-tizzy-along-the-mississippi-river.md) | +0.1% | -3.1% |
| CORN | 2023-04-27 | [Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says](https://feedsoft.ai/events/16633-flooding-on-upper-mississippi-river-to-halt-barge-traffic-for-weeks-usda-says.md) | -0.9% | -4.0% |
| CORN | 2021-09-21 | [Transportation Official Says Higher Barge Rates Due To Hurricane Not A Suprise \| Radio 570 WNAX](https://feedsoft.ai/events/45243-transportation-official-says-higher-barge-rates-due-to-hurricane-not-a-suprise.md) | +1.8% | +1.7% |
| CORN | 2021-08-30 | [Hurricane Ida Shutters Ag Exports with No Clear Timeline on How Long Shipping Delays Could Last - The Scoop](https://feedsoft.ai/events/6008-hurricane-ida-shutters-ag-exports-with-no-clear-timeline-on-how-long-shipping.md) | -6.1% | -11.6% |
| CORN | 2022-10-10 | [Mississippi River reopens to barge traffic after low water closures - U.S. Coast Guard \| Reuters](https://feedsoft.ai/events/16671-mississippi-river-reopens-to-barge-traffic-after-low-water-closures-u-s-coast.md) | +0.6% | -0.3% |
| SOY | 2021-09-13 | [Hurricane Ida threw teh barge industry into a tizzy along the Mississippi River](https://feedsoft.ai/events/44996-hurricane-ida-threw-teh-barge-industry-into-a-tizzy-along-the-mississippi-river.md) | +0.7% | -2.5% |
| SOY | 2023-04-27 | [Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says](https://feedsoft.ai/events/16633-flooding-on-upper-mississippi-river-to-halt-barge-traffic-for-weeks-usda-says.md) | +0.8% | -7.8% |
| SOY | 2021-09-21 | [Transportation Official Says Higher Barge Rates Due To Hurricane Not A Suprise \| Radio 570 WNAX](https://feedsoft.ai/events/45243-transportation-official-says-higher-barge-rates-due-to-hurricane-not-a-suprise.md) | +2.0% | -3.2% |

## Sources

- marinelink.com: https://www.marinelink.com/news/us-barge-costs-spike-weeks-hurricane-ida-490723

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