# Resetting for More U.S. Wheat - Alberta Grains

> Grain markets fell to finish September on warm weather, harvest pressure and near-record low Mississippi River levels. The river at Memphis was within 2.3 inches of its record low and expected to stay there for weeks. USDA reports also showed more hard red spring wheat than previously estimated.

- Date: 2023-10-02 · published 2023-10-02T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/7139-resetting-for-more-u-s-wheat-alberta-grains
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Low river levels restrict barge loadings for about 60% of U.S. grain exports and raise transport costs, making U.S. grain less competitive abroad. This weighs on U.S. wheat values and lifts barge freight rates.

## Read by commodity

- BARGE: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-10-22 | [Rising Ocean Freight Raises Costs for U.S. Grain - RFD-TV](https://feedsoft.ai/events/17245-rising-ocean-freight-raises-costs-for-u-s-grain-rfd-tv.md) | -0.7% | — |
| WHEAT | 2021-08-31 | [U.S. grains: Corn, soy, wheat sag as Ida damage spurs export concerns - Grainews](https://feedsoft.ai/events/45591-u-s-grains-corn-soy-wheat-sag-as-ida-damage-spurs-export-concerns-grainews.md) | +1.5% | +1.2% |
| WHEAT | 2026-01-29 | [Low Water on U.S. Rivers Disrupts Grain Exports, Raising Costs for Ag Supply Chains - Agrolatam](https://feedsoft.ai/events/16395-low-water-on-u-s-rivers-disrupts-grain-exports-raising-costs-for-ag-supply.md) | -0.5% | +3.1% |
| WHEAT | 2023-11-27 | [Ukraine is shipping more grain through Black Sea despite Russia threat \| AP News](https://feedsoft.ai/events/14343-ukraine-is-shipping-more-grain-through-black-sea-despite-russia-threat-ap-news.md) | +0.4% | -0.8% |
| WHEAT | 2018-07-24 | [Glencore seeking more capacity at Russian port \| World-grain.com \| July 23, 2018 19:11 \| World Grain](https://feedsoft.ai/events/63887-glencore-seeking-more-capacity-at-russian-port-world-grain-com-july-23-2018-19.md) | -1.0% | -0.2% |

## Sources

- albertagrains.com: https://www.albertagrains.com/combined-markets/market-insider/resetting-for-more-u-s-wheat

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