Shrinking water levels on the Mississippi River are forcing barge operators to reduce shipments for the third consecutive year, leading to higher transportation costs coinciding with grain harvests. Operators have decreased tow sizes by up to 34%, causing southbound freight rates to rise significantly above historical averages. Despite brief relief from recent rains, water levels are expected to drop again. These challenges come as farmers begin harvesting corn and soybeans, with exporters facing delays and heightened shipping restrictions that could exacerbate logistical issues compared to previous years.

Source: https://www.supplychaindive.com/news/mississippi-low-water-levels-third-year-barge-grain-shipping/727113/