# Logistics costs in Argentina rise by 300% due to low levels of Parana river: BCR | S&P Global

> The Rosario Grain Exchange said logistics costs for Argentine exporters rose 300% due to historically low Parana River water levels. The river level at Rosario was 20 cm below sea level, and loads per vessel fell about 25%. Exporters shifted cargoes to southern ports, where shipments of corn and soybeans increased.

- Date: 2021-08-06 · published 2021-08-06T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/45426-logistics-costs-in-argentina-rise-by-300-due-to-low-levels-of-parana-river-bcr
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Higher freight and logistics costs reduce the price competitiveness of Argentine corn and soybean exports and can limit supply to global buyers. Rerouting to southern ports adds cost that supports Argentine export prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-27 | [Argentina declares emergency due to low water levels in Paraná River - BNamericas](https://feedsoft.ai/events/45900-argentina-declares-emergency-due-to-low-water-levels-in-parana-river-bnamericas.md) | +1.1% | -1.8% |
| CORN | 2021-07-23 | [EXCLUSIVE Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says](https://feedsoft.ai/events/45897-exclusive-historic-low-river-levels-force-argentine-grains-ships-to-cut-cargoes.md) | -1.1% | -2.6% |
| CORN | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -2.4% | -1.2% |
| CORN | 2023-02-21 | [Weaker Argentinian seaborne grain flows to weigh on ECSA freight market \| S&P Global](https://feedsoft.ai/events/37214-weaker-argentinian-seaborne-grain-flows-to-weigh-on-ecsa-freight-market-s-and-p.md) | -4.0% | -5.1% |
| CORN | 2022-06-28 | [War in Ukraine raises global shipping costs, stifles trade \| UN Trade and Development (UNCTAD)](https://feedsoft.ai/events/40842-war-in-ukraine-raises-global-shipping-costs-stifles-trade-un-trade-and.md) | +4.0% | -16.7% |
| SOY | 2021-07-23 | [EXCLUSIVE Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says](https://feedsoft.ai/events/45897-exclusive-historic-low-river-levels-force-argentine-grains-ships-to-cut-cargoes.md) | +1.3% | -6.6% |
| SOY | 2022-04-19 | [Argentina port workers to go on strike in the middle of soybean, corn harvest \| S&P Global](https://feedsoft.ai/events/41858-argentina-port-workers-to-go-on-strike-in-the-middle-of-soybean-corn-harvest-s.md) | -0.7% | -3.4% |
| SOY | 2024-09-12 | [Brazilian soybean meal widens gap to Argentina \| S&P Global](https://feedsoft.ai/events/28390-brazilian-soybean-meal-widens-gap-to-argentina-s-and-p-global.md) | +3.5% | +4.1% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/080621-logistics-costs-in-argentina-rise-by-300-due-to-low-levels-of-parana-river-bcr

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