# Marketplace®

> High water on the Mississippi River is reducing barge cargo loads, with flood conditions affecting traffic up and down the river. Golding Barge Line's president says business has improved overall as more cargoes are moving, but high water limits how much each barge can carry. The interview also notes flood damage to infrastructure such as dams and locks.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/59753-marketplace
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Reduced barge loads raise the cost and lower the volume of moving grain and feed ingredients on the Mississippi, which can widen basis and pressure barge freight rates. Buyers in river-dependent regions may face higher delivered feed costs while flooding persists.

## Read by commodity

- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-08-26 | [Morning Coffee & Ag Markets](https://feedsoft.ai/events/16517-morning-coffee-and-ag-markets.md) | +2.6% | +6.4% |
| CORN | 2022-11-15 | [Low Mississippi River water levels drive up shipping costs - Marketplace](https://feedsoft.ai/events/38859-low-mississippi-river-water-levels-drive-up-shipping-costs-marketplace.md) | -1.3% | -5.1% |
| CORN | 2026-09-18 | [Shipping market: The good, bad and ugly \| World Grain](https://feedsoft.ai/events/16764-shipping-market-the-good-bad-and-ugly-world-grain.md) | +0.5% | -3.5% |
| CORN | 2020-03-20 | [Weekly Market Wrap-Up - March 20, 2020 - The Andersons Trade Group](https://feedsoft.ai/events/6109-weekly-market-wrap-up-march-20-2020-the-andersons-trade-group.md) | -0.6% | -3.1% |
| CORN | 2019-08-16 | [Mississippi River Congestion Still Weighs on Soybean Market](https://feedsoft.ai/events/57485-mississippi-river-congestion-still-weighs-on-soybean-market.md) | +0.3% | -2.2% |

## Sources

- marketplace.org: https://www.marketplace.org/story/2019/04/29/barging-through-economic-climate

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