Wooden Dams And River Jams Strain US Grain Exports

Not enough comparable past events yet for a historical read.

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

• Nov 6, 2023CoBank – Strong US dollar, low Mississippi River limit grain movement & oilseed exports+0.5%
• Sep 29, 2023Mississippi River Near Historic Lows, Grain Exports at Risk-1.5%
• Sep 30, 2022Low River Levels, Soaring Barge Freight Curb U.S. Grain Exports-3.7%
• Jan 29, 2026Low Water on U.S. Rivers Disrupts Grain Exports, Raising Costs for Ag Supply Chains - Agrolatam+1.6%
• Sep 4, 2024Low water levels on the Mississippi River impact barges and grain exports before harvest-2.0%

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.

• Jan 29, 2026Low water on US rivers shifts some export paths | World Grain-0.3%
• Nov 6, 2023CoBank – Strong US dollar, low Mississippi River limit grain movement & oilseed exports-0.5%
• Sep 29, 2023Mississippi River Near Historic Lows, Grain Exports at Risk+1.9%
• Sep 30, 2022Low River Levels, Soaring Barge Freight Curb U.S. Grain Exports+1.0%
• Jan 29, 2026Low Water on U.S. Rivers Disrupts Grain Exports, Raising Costs for Ag Supply Chains - Agrolatam-0.3%