Barge rates to move grain rise anew amid low Mississippi water levels

Barge rates for moving grain on the Mississippi continue to climb with no signs of significant increases in water levels.

At 8.2 feet below base level, the Mississippi at Memphis, Tennessee, on Wednesday was starting to approach some of the worst levels of late October 2022, which was considered a crisis.

The grain transport cost indicator published each Thursday by the U.S. Department of Agriculture climbed to 529 for the data published that day. The indicator is a percentage of a base-year-100...

https://www.freightwaves.com/news/barge-rates-to-move-grain-rise-anew-amid-low-mississippi-water-levels

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