Low Mississippi River slowing movement of grain to Gulf terminals
10/18/2022 8:56:31 PM
CATEGORIES:
Agriculture
Business & Industry
Water Supply & Quality
AFFECTED AREAS:
Arkansas
Iowa
Illinois
Kentucky
Louisiana
Minnesota
Missouri
Mississippi
Tennessee
Wisconsin
Start Date: 1/1/2022
- End Date: 10/17/2022
The low Mississippi River has slowed the movement of soybeans and corn downriver, hindering exports, per the U.S. Department of Agriculture. The Army Corps of Engineers has been dredging parts of the Mississippi and Ohio rivers to deepen shipping channels to keep barges moving. Despite the effort, shippers still worry that Louisiana Gulf terminals will struggle to source enough grain to meet their export commitments. Total season-to-date inspections for soybeans and corn were down 23% and 21% from last year, respectively.
Reuters (New York), Oct 17, 2022
Sources