# Drought Leaves Many Rivers and Lakes Dehydrated

> Drought has lowered rivers across the US, with the Mississippi at St. Louis forecast to fall to 2 feet and at Memphis forecast below zero gauge by August 21. Exposed shorelines and shallow water could restrict barge traffic if levels keep dropping.

- Date: 2021-08-09 · published 2021-08-09T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/45464-drought-leaves-many-rivers-and-lakes-dehydrated
- 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

Falling river levels raise the risk of barge draft cuts and groundings, which would raise freight costs and slow grain shipments to Gulf export terminals.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-29 | [Rain Arc Leaves Many Areas Dry](https://feedsoft.ai/events/52456-rain-arc-leaves-many-areas-dry.md) | +5.4% | +1.1% |
| CORN | 2019-07-15 | [Flash Drought and Crop Stress Concerns \| Integrated Crop Management](https://feedsoft.ai/events/57919-flash-drought-and-crop-stress-concerns-integrated-crop-management.md) | -2.6% | -7.4% |
| CORN | 2019-06-05 | [Droughts and flooding rains impact market \| The Land \| NSW](https://feedsoft.ai/events/8686-droughts-and-flooding-rains-impact-market-the-land-nsw.md) | +0.9% | -0.2% |
| CORN | 2023-06-22 | [Central US drought intensifies, threatening grains and soy \| Reuters](https://feedsoft.ai/events/9769-central-us-drought-intensifies-threatening-grains-and-soy-reuters.md) | -8.7% | -14.9% |
| CORN | 2022-10-25 | [Drought Status Update for the Midwest and Missouri River Basin \| October 25, 2022 \| Drought.gov](https://feedsoft.ai/events/13319-drought-status-update-for-the-midwest-and-missouri-river-basin-october-25-2022.md) | -1.4% | -2.7% |
| SOY | 2020-06-29 | [Rain Arc Leaves Many Areas Dry](https://feedsoft.ai/events/52456-rain-arc-leaves-many-areas-dry.md) | +3.9% | +4.8% |
| SOY | 2019-07-15 | [Flash Drought and Crop Stress Concerns \| Integrated Crop Management](https://feedsoft.ai/events/57919-flash-drought-and-crop-stress-concerns-integrated-crop-management.md) | -0.6% | -3.6% |
| SOY | 2023-06-22 | [Central US drought intensifies, threatening grains and soy \| Reuters](https://feedsoft.ai/events/9769-central-us-drought-intensifies-threatening-grains-and-soy-reuters.md) | -4.2% | -1.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/columns/cash-market-moves/article/2021/08/09/drought-leaves-many-rivers-lakes

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