# Ice impeding inland waterway transportation, hurting cash basis - Brownfield Ag News

> Ice accumulation has cut grain barge tonnage on the Mississippi, Illinois and Ohio rivers by more than 60% in the first two weeks of January. An Illinois River elevator accepting only rail-loaded deliveries cut its basis to minus 20 cents from minus 7 cents, leaving farmers about 13 cents per bushel lower.

- Date: 2018-01-22 · published 2018-01-22T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/66910-ice-impeding-inland-waterway-transportation-hurting-cash-basis-brownfield-ag
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Transport constraints during the Sept-Feb export window weaken local soybean cash bids and can divert demand to Brazil and Argentina. Basis is the channel through which the disruption reaches farm-level prices.

## Read by commodity

- SOY: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-03-02 | [Flood waters impacting barge traffic - Brownfield Ag News](https://feedsoft.ai/events/65887-flood-waters-impacting-barge-traffic-brownfield-ag-news.md) | -0.4% | -1.2% |
| SOY | 2023-12-13 | [Ag transportation expert: unclear how low Mississippi River is affecting ag exports - Brownfield Ag News](https://feedsoft.ai/events/16583-ag-transportation-expert-unclear-how-low-mississippi-river-is-affecting-ag.md) | -0.8% | -7.0% |
| SOY | 2018-01-30 | [River ice is impeding movement of soybeans and putting pressure on local prices - Brownfield Ag News](https://feedsoft.ai/events/67159-river-ice-is-impeding-movement-of-soybeans-and-putting-pressure-on-local-prices.md) | -2.2% | +4.7% |
| SOY | 2022-10-28 | [More rail and trucks hauling grain to Gulf - Brownfield Ag News](https://feedsoft.ai/events/39340-more-rail-and-trucks-hauling-grain-to-gulf-brownfield-ag-news.md) | +3.2% | +3.9% |
| SOY | 2017-10-03 | [River issues slow barge traffic - Brownfield Ag News](https://feedsoft.ai/events/68665-river-issues-slow-barge-traffic-brownfield-ag-news.md) | +1.0% | +1.6% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/ice-impeding-inland-waterway-transportation-hurting-cash-basis/

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