# Barge Freight Starting to Ease on Mississippi, Illinois Rivers | Feed & Grain

> Barge rates on the Mississippi and Illinois rivers eased slightly after trading at seasonally adjusted five-year highs, lifting spot basis by 2 to 4 cents. Flooding and freezing still hamper the Ohio River, keeping basis there weak. Brazil's soybean harvest is over 50% complete, and Argentina's crop is on track for a rebound.

- Date: 2020-10-02 · published 2020-10-02T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/50543-barge-freight-starting-to-ease-on-mississippi-illinois-rivers-feed-and-grain
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Easing freight supports US basis, but the Ohio River constraint and large South American supplies keep export competitiveness and price upside limited.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-30 | [Barge Restrictions Mean Shipping Complications on Mississippi River \| Feed & Grain](https://feedsoft.ai/events/49545-barge-restrictions-mean-shipping-complications-on-mississippi-river-feed-and.md) | -2.4% | +5.3% |
| SOY | 2021-05-14 | [Barge Backup Continues on Mississippi \| Feed & Grain](https://feedsoft.ai/events/47301-barge-backup-continues-on-mississippi-feed-and-grain.md) | -4.9% | -6.4% |
| SOY | 2022-01-10 | [Misery for Shippers on Mississippi, Illinois, Ohio Rivers](https://feedsoft.ai/events/43328-misery-for-shippers-on-mississippi-illinois-ohio-rivers.md) | -3.2% | +12.9% |
| SOY | 2023-09-21 | [Barge loads reduced as low water impacts Mississippi River \| Feed & Grain](https://feedsoft.ai/events/16605-barge-loads-reduced-as-low-water-impacts-mississippi-river-feed-and-grain.md) | -1.3% | -0.7% |
| SOY | 2020-10-02 | [High Water Persists in Mississippi River System \| Feed & Grain](https://feedsoft.ai/events/50542-high-water-persists-in-mississippi-river-system-feed-and-grain.md) | +2.6% | +2.8% |
| CORN | 2020-11-30 | [Barge Restrictions Mean Shipping Complications on Mississippi River \| Feed & Grain](https://feedsoft.ai/events/49545-barge-restrictions-mean-shipping-complications-on-mississippi-river-feed-and.md) | -1.5% | -1.0% |
| CORN | 2021-05-14 | [Barge Backup Continues on Mississippi \| Feed & Grain](https://feedsoft.ai/events/47301-barge-backup-continues-on-mississippi-feed-and-grain.md) | -3.9% | +1.6% |
| CORN | 2022-01-10 | [Misery for Shippers on Mississippi, Illinois, Ohio Rivers](https://feedsoft.ai/events/43328-misery-for-shippers-on-mississippi-illinois-ohio-rivers.md) | +1.3% | +3.3% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/events/event-calendar/blog/15395986/barge-freight-starting-to-ease-on-mississippi-illinois-rivers

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