# Argentina declares emergency due to low water levels in Paraná River - BNamericas

> Argentina declared a 180-day water emergency for seven provinces due to Paraná River levels at a 77-year low. The decree allows measures on agriculture, drinking water, energy and shipping, and the government plans to tender a deeper waterway concession.

- Date: 2021-07-27 · published 2021-07-27T12:00:00.000Z
- Category: logistics · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/45900-argentina-declares-emergency-due-to-low-water-levels-in-parana-river-bnamericas
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

The emergency signals prolonged shipping constraints on the waterway carrying about 70-80% of Argentine exports, keeping upward pressure on freight and export basis.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-09-28 | [Argentine exports of soy and oil products down $620 mi due to low water level on Paraná River - DatamarNews](https://feedsoft.ai/events/44929-argentine-exports-of-soy-and-oil-products-down-620-mi-due-to-low-water-level-on.md) | -4.2% | -2.8% |
| SBM | 2021-07-09 | [Drought brings shipping of soy products on Paraná River in Argentina to a halt](https://feedsoft.ai/events/45898-drought-brings-shipping-of-soy-products-on-parana-river-in-argentina-to-a-halt.md) | +1.1% | -0.0% |
| SBM | 2022-01-11 | [Shallow Parana river pressures Argentinian FOB soybean meal, oil basis levels \| S&P Global](https://feedsoft.ai/events/43209-shallow-parana-river-pressures-argentinian-fob-soybean-meal-oil-basis-levels-s.md) | +2.9% | +6.0% |
| SBM | 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) | -1.5% | -3.0% |
| SBM | 2025-10-01 | [Low Mississippi River Levels Pressure Grain Barge Movement - RFD-TV](https://feedsoft.ai/events/16421-low-mississippi-river-levels-pressure-grain-barge-movement-rfd-tv.md) | +1.4% | +16.1% |
| CORN | 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) | +0.3% | -5.6% |
| 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 | 2017-01-30 | [Low water levels hamper Rhine and Danube shipping in Germany](https://feedsoft.ai/events/72900-low-water-levels-hamper-rhine-and-danube-shipping-in-germany.md) | +2.0% | +1.2% |

## Sources

- bnamericas.com: https://www.bnamericas.com/en/news/argentina-declares-emergency-due-to-low-water-levels-in-parana-river

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