
In October 2023, the towboat John M Donnelly grounded near Profit Island on the Lower Mississippi while pushing 25 empty barges. The NTSB estimated about 7.8 feet of water at the obstruction, compared with the vessel’s reported 9.5-foot draft; one crew member suffered a minor injury and repairs cost $505,834.
The incident highlights how low or uncertain river clearance can disrupt barge movements and raise navigation risk. It provides no evidence of a broader change in grain freight capacity or prices.
Not enough comparable past events yet for a historical read.
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.