# U.S. grain barge tonnage down 7% year-to-date | 2018-11-09  | World Grain

> USDA's November 8 Grain Transportation Report shows grain barge tonnage on the Mississippi, Ohio and Arkansas rivers was down 7 percent year-to-date as of November 3. Soybean barge shipments fell 20 percent, while corn rose 5 percent. Barge spot rates were 16 to 28 percent below the five-year average.

- Date: 2018-11-09 · published 2018-11-09T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/61941-u-s-grain-barge-tonnage-down-7-year-to-date-2018-11-09-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak barge demand and low spot rates indicate soybean export weakness from the interior, pressuring soybean basis and barge freight. Corn volumes are firmer, which supports corn logistics demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-02-07 | [Grain Barge Tonnages Drop in 2018 \| Feed & Grain News](https://feedsoft.ai/events/60485-grain-barge-tonnages-drop-in-2018-feed-and-grain-news.md) | -0.6% | -3.4% |
| SOY | 2019-10-08 | [Argentina soybean exports revised downward \| 2019-10-08  \| World Grain](https://feedsoft.ai/events/56411-argentina-soybean-exports-revised-downward-2019-10-08-world-grain.md) | +2.8% | +1.1% |
| SOY | 2018-05-31 | [Argentina’s soybean production to rebound \| World-grain.com \| May 31, 2018 13:53 \| World Grain](https://feedsoft.ai/events/64864-argentina-s-soybean-production-to-rebound-world-grain-com-may-31-2018-13-53.md) | -2.8% | -15.2% |
| SOY | 2021-09-30 | [U.S. grains: Wheat futures surge as supplies drop to 14-year low - Grainews](https://feedsoft.ai/events/11320-u-s-grains-wheat-futures-surge-as-supplies-drop-to-14-year-low-grainews.md) | -3.3% | -3.5% |
| SOY | 2017-12-13 | [USDA bumps U.S. wheat, soybean carryover \| World-grain.com \| December 13, 2017 13:57 \| World Grain](https://feedsoft.ai/events/67418-usda-bumps-u-s-wheat-soybean-carryover-world-grain-com-december-13-2017-13-57.md) | -2.0% | -3.6% |
| CORN | 2019-02-07 | [Grain Barge Tonnages Drop in 2018 \| Feed & Grain News](https://feedsoft.ai/events/60485-grain-barge-tonnages-drop-in-2018-feed-and-grain-news.md) | +0.9% | -1.6% |
| CORN | 2018-09-19 | [COCERAL revises E.U. crop forecast downward \| 2018-09-19  \| World Grain](https://feedsoft.ai/events/62960-coceral-revises-e-u-crop-forecast-downward-2018-09-19-world-grain.md) | +4.5% | +6.5% |
| CORN | 2018-08-10 | [Brazil corn output revised downward \| 2018-08-10  \| World Grain](https://feedsoft.ai/events/63377-brazil-corn-output-revised-downward-2018-08-10-world-grain.md) | -7.5% | -9.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/11225-us-grain-barge-tonnage-down-7-year-to-date

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