High water disrupts navigation across much of Mississippi

Not enough comparable past events yet for a historical read.

After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

• Dec 20, 2023Mississippi River Drought Affects Navigation - America's Engineers+3.1%
• Jun 28, 2024Army Corps of Engineers Expects Challenges with Mississippi River Navigation - ProAg-0.3%
• Oct 2, 2020High Water Persists in Mississippi River System | Feed & Grain-1.1%
• Oct 9, 2023How low Mississippi River water levels could disrupt grain harvests, again | Agriculture Dive-0.2%
• Nov 4, 2022Decade-low water levels on Mississippi River slow barges, disrupt food supply chain-0.9%

After 297 past bearish logistics events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% over 20.

• Jun 28, 2024Army Corps of Engineers Expects Challenges with Mississippi River Navigation - ProAg+3.1%
• Oct 2, 2020High Water Persists in Mississippi River System | Feed & Grain+2.6%
• Oct 9, 2023How low Mississippi River water levels could disrupt grain harvests, again | Agriculture Dive+1.1%
• Nov 4, 2022Decade-low water levels on Mississippi River slow barges, disrupt food supply chain+0.3%
• Oct 5, 2020Some Areas Along the Mississippi River Need a Tall Drink of Water+4.4%