NASHVILLE, Tenn. (RFD-TV) — Water levels along the Mississippi River have fallen to historic lows again this fall — throttling barge traffic and raising freight costs just as the Midwest harvest reaches full stride.
Gauges at St. Louis and Memphis are near record lows, forcing towboats to run lighter and with fewer barges per tow. For farmers moving corn and soybeans to export channels, that means slower flows, higher freight, and weaker local cash bids.
The American Farm Bureau Federation (AFBF) reports that the river depth at St. Louis recently dropped by more than 22 feet since midsummer, and levels near Memphis approached -5.5 feet, with forecasts of further decline. Southbound grain shipments have plunged roughly 79 percent since early harvest, and soybean movement fell nearly 90 percent as drafts were reduced. Barge costs have surged, erasing much of the price advantage Midwest farmers usually enjoy versus rail or Gulf competitors.
With the Mississippi handling nearly half of all U.S. corn, soybean, and wheat exports, exporters warn that the squeeze could open the door for Brazil and Argentina as the U.S. struggles to maintain its pace. Until rains return, producers face wider basis discounts, longer delivery windows, and mounting storage pressure heading into winter.
Farm-Level Takeaway: Persistently low Mississippi River levels are turning logistics challenges into pricing risks — tightening margins for grain producers and exporters across the heartland.
Tony St. James, RFD-TV Markets Expert
ARC-CO delivers the bulk of 2024 support, offering key margin relief as producers manage tight operating conditions.
November 15, 2025 12:00 PM
·
USMEF’s Jay Theiler discusses his leadership role in representing U.S. beef and pork and provides an update on this week’s conference in Indianapolis.
November 14, 2025 03:36 PM
·
As economic pressures continue to squeeze agriculture, ag lenders are signaling a more cautious outlook for farm profitability heading into next year, particularly among grain producers facing lower commodity prices and higher operating costs.
November 14, 2025 02:10 PM
·
USDA released the November WASDE Report on Friday, the first supply-and-demand estimate to drop since September, just before the 43-day government shutdown.
November 14, 2025 12:22 PM
·
U.S. Trade officials announced new deals with El Salvador, Guatemala, Ecuador, and Argentina, as well as a steep reduction in tariffs on Swiss imports.
November 14, 2025 11:58 AM
·
China’s cost advantage with Brazilian soybeans and vague public messaging leave U.S. export prospects uncertain heading into winter.
November 14, 2025 11:03 AM
·
AFBF economist Faith Parum breaks down the potential impact of the proposed policy change to allow year-round sales of E15 biofuel.
November 13, 2025 02:34 PM
·
David Hardin with the Indiana Soybean Alliance discusses USMEF’s push to open new global export markets for both meat and soy-based feed.
November 13, 2025 01:10 PM
·
Some sustainability shifts are not particularly challenging and can be implemented with resources already available to farmers and ranchers on their operations.
November 13, 2025 01:00 PM
·
