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The water levels are still low on the Mississippi River and barge movements continue to remain...
Although water levels on the Mississippi are showing no signs of an upturn, barge pricing stabilized in the past week and restrictions at one of the largest barge shipping companies have not gotten any tighter.
The weekly Grain Transportation Report published late last week by the Department of Agriculture (USDA) showed barge rates slipping slightly to 549 from 556. The rates are quoted as a percentage of a base rate set to the year 2000, which represents 100.
However, even though 549 is less...
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...
Spot barge rates for export grain originating from ports near Minneapolis-St. Paul and the mid-Mississippi River (a stretch of the Mississippi that centers around Davenport, Iowa) have reached yearly highs, the US. Department of Agriculture reported today.
As of July 30, the mid-Mississippi rate had increased by 14% compared to last week and the Twin Cities’ rate had increased by less than 3%, the previous yearly highs for both, the USDA reported today in it’s weekly Grain Transportation Report...
https://www.workboat.com/news/coastal-inland-waterways/mid-mississippi-barge-rates-top-twin-cities/