# Weekly Grain Movement - Nov. 7, 2016

> Corn is piling up on the ground as the US harvest winds down, with delayed loadouts due to higher deferred cash bids. Mid-Mississippi barge rates dropped sharply, from 425-450% of tariff to 350-375%.

- Date: 2016-11-08 · published 2016-11-08T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/73760-weekly-grain-movement-nov-7-2016
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Lower barge rates reduce shipping costs for corn and soybeans, and piled-up supply points to ample near-term grain, pressuring prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-14 | [Weekly Grain Movement - Nov. 14, 2016](https://feedsoft.ai/events/73759-weekly-grain-movement-nov-14-2016.md) | -3.6% | -0.7% |
| CORN | 2017-02-10 | [Winter Weather Delays Grain Movement to US Ports](https://feedsoft.ai/events/72399-winter-weather-delays-grain-movement-to-us-ports.md) | +0.6% | -1.5% |
| CORN | 2023-11-30 | [Grain Transportation Report, November 30, 2023](https://feedsoft.ai/events/33061-grain-transportation-report-november-30-2023.md) | +3.6% | +5.8% |
| CORN | 2021-02-18 | [Snow & Ice Storms Interrupt Grain Barge Movements \| Feed & Grain](https://feedsoft.ai/events/48528-snow-and-ice-storms-interrupt-grain-barge-movements-feed-and-grain.md) | +0.8% | -4.4% |
| CORN | 2023-08-30 | [Low Mississippi River level will challenge grain movement again this harvest](https://feedsoft.ai/events/12853-low-mississippi-river-level-will-challenge-grain-movement-again-this-harvest.md) | -0.0% | -8.2% |
| SOY | 2016-11-14 | [Weekly Grain Movement - Nov. 14, 2016](https://feedsoft.ai/events/73759-weekly-grain-movement-nov-14-2016.md) | +0.5% | +4.2% |
| SOY | 2023-11-30 | [Grain Transportation Report, November 30, 2023](https://feedsoft.ai/events/33061-grain-transportation-report-november-30-2023.md) | -3.8% | -3.1% |
| SOY | 2024-11-14 | [Grain Transportation Report, November 14, 2024](https://feedsoft.ai/events/27598-grain-transportation-report-november-14-2024.md) | -1.4% | -0.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-operations/weekly-grain-movement-nov-7-2016

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