
Mississippi River barge traffic was expected to rise as water levels fell after recent flooding, letting empty barges move north and river elevators resume loading. Gulf elevators had raised soybean bids after loadings were suspended, and USDA reported May barge traffic 16% below the three-year average.
Improving river logistics ease the bottleneck for Gulf-bound grain, supporting Gulf basis bids and tightening the flow of corn and soybeans to export and processing buyers.
Not enough comparable past events yet for a historical read.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% over 20.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.