# Transportation Official Says Higher Barge Rates Due To Hurricane Not A Suprise | Radio 570 WNAX

> The Soy Transportation Coalition said barge freight costs rose after Hurricane Ida damaged barges and reduced availability, with two lower Mississippi ports still closed. A CHS facility could reopen by month-end once power is restored, while a Cargill facility may take longer.

- Date: 2021-09-21 · published 2021-09-21T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/45243-transportation-official-says-higher-barge-rates-due-to-hurricane-not-a-suprise
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Reduced barge supply and closed ports keep freight elevated into harvest, which widens the gap between Midwest farm prices and Gulf export values.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-11-30 | [Mississippi River levels, barge rates took a heavy toll on corn and soybean basis \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/38861-mississippi-river-levels-barge-rates-took-a-heavy-toll-on-corn-and-soybean.md) | -0.3% | +3.2% |
| SOY | 2023-08-31 | [Barge Spot Rates Hit $23.34 a Ton as Mississippi River Water Levels Drop - Bloomberg](https://feedsoft.ai/events/12851-barge-spot-rates-hit-23-34-a-ton-as-mississippi-river-water-levels-drop.md) | -2.6% | -5.8% |
| SOY | 2018-09-26 | [Mississippi River Vessel Traffic Halted Due to Breakaway Barges North of St. Louis -Army Corps](https://feedsoft.ai/events/62914-mississippi-river-vessel-traffic-halted-due-to-breakaway-barges-north-of-st.md) | +2.4% | +1.4% |
| 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 | 2021-09-17 | [US Barge Costs Spike Weeks After Hurricane Ida](https://feedsoft.ai/events/45240-us-barge-costs-spike-weeks-after-hurricane-ida.md) | -0.9% | -6.9% |
| CORN | 2022-11-30 | [Mississippi River levels, barge rates took a heavy toll on corn and soybean basis \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/38861-mississippi-river-levels-barge-rates-took-a-heavy-toll-on-corn-and-soybean.md) | -3.9% | +1.9% |
| CORN | 2024-04-23 | [Analysts note decline in freight rates for grain transportation from Danube ports, Odessa](https://feedsoft.ai/events/30937-analysts-note-decline-in-freight-rates-for-grain-transportation-from-danube.md) | -0.1% | +4.1% |
| CORN | 2024-04-30 | [Freight rates for the transportation of Ukrainian grain by sea affect its competitiveness](https://feedsoft.ai/events/30624-freight-rates-for-the-transportation-of-ukrainian-grain-by-sea-affect-its.md) | +3.0% | +7.6% |

## Sources

- wnax.com: https://wnax.com/news/180081-transportation-official-says-higher-barge-rates-due-to-hurricane-not-a-suprise/

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