# STU ELLIS: Wouldn't you know it! Drought slowing flow of crops to world markets | Central Illinois

> A major marine shipping company at New Orleans reported tows and barges getting stuck on shoals along a 400-mile stretch of the Mississippi south of Memphis. The report links the grounding to slower crop movement to world markets.

- Date: 2020-11-10 · published 2020-11-10T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/50055-stu-ellis-wouldn-t-you-know-it-drought-slowing-flow-of-crops-to-world-markets
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Grounded tows cut barge capacity on the key export route, raising freight costs and delaying shipments of grain and soybeans from the Midwest.

## Read by commodity

- BARGE: bullish ▲

## Sources

- spotonillinois.com: https://spotonillinois.com/central-illinois/1536945/stu-ellis-wouldnt-you-know-it-drought.html

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