Barge string breaks free after towboat hits Upper Mississippi dike

Not enough comparable past events yet for a historical read.

After 1,054 past logistics events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.5% to +1.5%), and -0.0% over 20.

• Nov 21, 2016Mississippi River Reopened after Barge Breakaway-0.1%
• Apr 25, 2018Damaged lock forces closure of Mississippi River in Illinois – Professional Mariner+2.4%
• Apr 27, 2023Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says-0.9%
• May 1, 2023Flood Waters Continue to Stop Barge Traffic on Upper Mississippi+0.3%
• Oct 1, 2019‘Unprecedented’ flooding idles barges, raises dredging concerns – Professional Mariner+1.5%

After 837 past logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.5% to +2.0%), and +0.6% over 20.

• Nov 21, 2016Mississippi River Reopened after Barge Breakaway+6.3%
• Apr 25, 2018Damaged lock forces closure of Mississippi River in Illinois – Professional Mariner+2.0%
• Apr 27, 2023Flooding on Upper Mississippi River to halt barge traffic for weeks, USDA says+0.8%
• May 1, 2023Flood Waters Continue to Stop Barge Traffic on Upper Mississippi+1.7%
• Oct 1, 2019‘Unprecedented’ flooding idles barges, raises dredging concerns – Professional Mariner+1.0%