# Floods raising freight rates, washing away revenues - FreightWaves

> Hundreds of barges remain stalled on the Mississippi River, with almost 300 held at two locks and more waiting in St. Louis, Cairo and Memphis. Many of the stalled barges carry corn and soybeans bound for Gulf Coast export. Railroads and highways have also closed, limiting crops reaching market.

- Date: 2019-06-11 · published 2019-06-11T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/58790-floods-raising-freight-rates-washing-away-revenues-freightwaves
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Grain that cannot reach Gulf export terminals lengthens delivery times and raises barge and alternative freight costs, which weakens interior cash bids while boosting freight rates.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-08-12 | [Rising Freight Rates for Grain Shipping from Ukraine](https://feedsoft.ai/events/14187-rising-freight-rates-for-grain-shipping-from-ukraine.md) | +0.0% | +4.3% |
| CORN | 2024-10-25 | [Horizons: Low Water Equals Rising Freight Rates - The Waterways Journal](https://feedsoft.ai/events/16501-horizons-low-water-equals-rising-freight-rates-the-waterways-journal.md) | -1.7% | +0.1% |
| CORN | 2019-06-18 | [Mississippi flooding's impact on freight, economy spreads downstream - FreightWaves](https://feedsoft.ai/events/58793-mississippi-flooding-s-impact-on-freight-economy-spreads-downstream-freightwaves.md) | +0.5% | -2.4% |
| CORN | 2025-12-04 | [Ocean Freight Rates Rise as Grain Shipping Pressures Build - RFD-TV](https://feedsoft.ai/events/16896-ocean-freight-rates-rise-as-grain-shipping-pressures-build-rfd-tv.md) | +0.4% | +0.1% |
| CORN | 2026-10-22 | [Rising Ocean Freight Raises Costs for U.S. Grain - RFD-TV](https://feedsoft.ai/events/17245-rising-ocean-freight-raises-costs-for-u-s-grain-rfd-tv.md) | -1.2% | — |
| SOY | 2024-10-25 | [Horizons: Low Water Equals Rising Freight Rates - The Waterways Journal](https://feedsoft.ai/events/16501-horizons-low-water-equals-rising-freight-rates-the-waterways-journal.md) | -1.4% | -1.9% |
| SOY | 2019-06-18 | [Mississippi flooding's impact on freight, economy spreads downstream - FreightWaves](https://feedsoft.ai/events/58793-mississippi-flooding-s-impact-on-freight-economy-spreads-downstream-freightwaves.md) | -0.4% | -2.7% |
| SOY | 2025-12-04 | [Ocean Freight Rates Rise as Grain Shipping Pressures Build - RFD-TV](https://feedsoft.ai/events/16896-ocean-freight-rates-rise-as-grain-shipping-pressures-build-rfd-tv.md) | -2.2% | -7.7% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/floods-raising-freight-rates-washing-away-revenues

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