# EXCLUSIVE Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says

> Historic low river levels on the Paraná have forced Argentine grain ships to cut cargoes by 25%, according to the ports chamber. The river is at a 77-year low amid prolonged dryness upriver in Brazil, affecting soy, wheat and corn shipments.

- Date: 2021-07-23 · published 2021-07-23T12:00:00.000Z
- Category: logistics · region Argentina · magnitude high
- Page: https://feedsoft.ai/events/45897-exclusive-historic-low-river-levels-force-argentine-grains-ships-to-cut-cargoes
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Reduced barge and vessel loading capacity tightens export logistics for Argentine soy products and corn, supporting Gulf and world prices while raising freight costs for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- BARGE: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-05-28 | [Parched Parana River likely to hit Argentine grain exports through September](https://feedsoft.ai/events/52969-parched-parana-river-likely-to-hit-argentine-grain-exports-through-september.md) | +1.5% | +1.7% |
| SBM | 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) | -0.7% | -0.5% |
| SBM | 2021-02-03 | [Argentine Grain Exports Hit by Trucker Strike \| Feed & Grain](https://feedsoft.ai/events/48462-argentine-grain-exports-hit-by-trucker-strike-feed-and-grain.md) | +1.9% | -1.7% |
| SBM | 2018-02-08 | [Argentine truck strike pressures more ports, lowers grain cargos](https://feedsoft.ai/events/66508-argentine-truck-strike-pressures-more-ports-lowers-grain-cargos.md) | +10.3% | +13.5% |
| SBM | 2026-04-21 | [Arab News \| Argentina port protest delays at least 10 ships waiting to load grains](https://feedsoft.ai/events/19734-arab-news-argentina-port-protest-delays-at-least-10-ships-waiting-to-load-grains.md) | +3.0% | +4.4% |
| 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 | 2021-08-06 | [Logistics costs in Argentina rise by 300% due to low levels of Parana river: BCR \| S&P Global](https://feedsoft.ai/events/45426-logistics-costs-in-argentina-rise-by-300-due-to-low-levels-of-parana-river-bcr.md) | -0.1% | -8.8% |
| SOY | 2018-02-08 | [Argentine truck strike pressures more ports, lowers grain cargos](https://feedsoft.ai/events/66508-argentine-truck-strike-pressures-more-ports-lowers-grain-cargos.md) | +3.5% | +7.2% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/exclusive-historic-low-river-levels-force-argentine-grains-ships-cut-cargoes-by-2021-07-23/

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