# Louisiana Ports Shutdown May Impact Agriculture Exports - TT

> Hurricane Ida made landfall on the Louisiana coast on August 29 with a catastrophic storm surge, leaving New Orleans without power. Port facilities in New Orleans, Baton Rouge and South Louisiana have shut down, and the reopening timeline is unclear.

- Date: 2021-08-31 · published 2021-08-31T12:00:00.000Z
- Category: logistics · region US · magnitude high
- Page: https://feedsoft.ai/events/45468-louisiana-ports-shutdown-may-impact-agriculture-exports-tt
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

About 61% of US soybean exports and 58% of corn exports leave from Lower Mississippi ports, so prolonged closures would delay shipments and could pressure Gulf basis and export-linked prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-04-28 | [Low river, COVID measures hamper Argentina’s agricultural exports - Grain Central](https://feedsoft.ai/events/53490-low-river-covid-measures-hamper-argentina-s-agricultural-exports-grain-central.md) | +0.6% | +2.2% |
| SOY | 2021-08-30 | [Hurricane Ida damages Louisiana grain terminal, disrupts exports \| Reuters](https://feedsoft.ai/events/45732-hurricane-ida-damages-louisiana-grain-terminal-disrupts-exports-reuters.md) | -5.6% | -5.3% |
| SOY | 2019-07-29 | [Good timing, immediate impact: AGP opens soy processing plant in Aberdeen - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/58165-good-timing-immediate-impact-agp-opens-soy-processing-plant-in-aberdeen-agweek.md) | -3.7% | -4.5% |
| SOY | 2020-09-08 | [Investments in Mississippi River Dredging Improve Export Efficiency — Louisiana Farm Bureau News](https://feedsoft.ai/events/51003-investments-in-mississippi-river-dredging-improve-export-efficiency-louisiana.md) | +5.1% | +5.4% |
| SOY | 2023-10-30 | [Great Lakes port strike ending, ag impacts ongoing - Brownfield Ag News](https://feedsoft.ai/events/33673-great-lakes-port-strike-ending-ag-impacts-ongoing-brownfield-ag-news.md) | +2.3% | +2.5% |
| CORN | 2021-06-08 | [Customs strike to impact Argentina’s grain exports  \| World Grain](https://feedsoft.ai/events/46603-customs-strike-to-impact-argentina-s-grain-exports-world-grain.md) | -2.0% | +2.4% |
| CORN | 2021-08-30 | [Hurricane Ida damages Louisiana grain terminal, disrupts exports \| Reuters](https://feedsoft.ai/events/45732-hurricane-ida-damages-louisiana-grain-terminal-disrupts-exports-reuters.md) | -6.1% | -11.6% |
| CORN | 2022-12-23 | [Export Of Agricultural Products Through ‘Grain Corridor’ Down 22% In 1 Week » The Center for Transport Strategies](https://feedsoft.ai/events/14431-export-of-agricultural-products-through-grain-corridor-down-22-in-1-week-the.md) | +2.1% | +2.2% |

## Sources

- ttnews.com: https://www.ttnews.com/articles/louisiana-ports-shutdown-may-impact-agriculture-exports

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