# WEEKLY GRAIN MOVEMENT: River market improves as water levels drop

> 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.

- Date: 2017-06-07 · published 2017-06-07T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/70373-weekly-grain-movement-river-market-improves-as-water-levels-drop
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Read by commodity

- SOY: neutral
- CORN: neutral
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-05-30 | [WEEKLY GRAIN MOVEMENT: Rising water slows Mississippi River shipping](https://feedsoft.ai/events/70890-weekly-grain-movement-rising-water-slows-mississippi-river-shipping.md) | -0.5% | -2.1% |
| SOY | 2017-03-06 | [Weekly Grain Movement – March 6, 2017](https://feedsoft.ai/events/71890-weekly-grain-movement-march-6-2017.md) | -3.0% | -7.9% |
| SOY | 2017-05-30 | [Weekly Grain Movement - May 30, 2017](https://feedsoft.ai/events/70892-weekly-grain-movement-may-30-2017.md) | -0.5% | -2.1% |
| SOY | 2017-06-13 | [WEEKLY GRAIN MOVEMENT: Gulf needs corn, processors do not](https://feedsoft.ai/events/70375-weekly-grain-movement-gulf-needs-corn-processors-do-not.md) | +0.7% | +10.1% |
| SOY | 2020-06-02 | [River levels allow favorable barge movement compared to 2019 - Mid-West Farm Report](https://feedsoft.ai/events/52496-river-levels-allow-favorable-barge-movement-compared-to-2019-mid-west-farm.md) | +2.9% | +3.1% |
| CORN | 2017-05-30 | [WEEKLY GRAIN MOVEMENT: Rising water slows Mississippi River shipping](https://feedsoft.ai/events/70890-weekly-grain-movement-rising-water-slows-mississippi-river-shipping.md) | -0.2% | -3.5% |
| CORN | 2017-03-06 | [Weekly Grain Movement – March 6, 2017](https://feedsoft.ai/events/71890-weekly-grain-movement-march-6-2017.md) | -3.8% | -2.0% |
| CORN | 2017-05-30 | [Weekly Grain Movement - May 30, 2017](https://feedsoft.ai/events/70892-weekly-grain-movement-may-30-2017.md) | -0.2% | -3.5% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/grain-market-news/weekly-grain-movement-river-market-improves-as-water-levels-drop

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