USDA's Grain Transportation Report of October 19, 2023 notes a record low river gauge at Memphis on the Mississippi, with an official reading of -11.52 feet and an unverified -11.98 feet on October 17. Records were also set on the Ohio at Cairo and the Missouri at New Madrid, and draft and tow restrictions remain along the entire system.
St. Louis spot barge rates fell for a third week to $23.06 per ton, down 68 percent year over year.
Low water restricts barge loadings and pushes grain to alternative routes, which weakens basis at Mississippi elevators. Lower barge rates this year reflect weak export demand rather than easing constraints, so the freight signal is mixed.
Setelah 359 peristiwa logistik bearish sebelumnya, Jagung bergerak median -0,3% selama 5 sesi (44% lebih tinggi; separuh tengah -1,5% sampai +1,5%), dan -0,5% selama 20 sesi.
Setelah 297 peristiwa logistik bearish sebelumnya, Kedelai bergerak median +0,3% selama 5 sesi (54% lebih tinggi; separuh tengah -1,5% sampai +1,8%), dan +0,7% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.