Navigation along the Mississippi River and St. Lawrence Seaway is starting to see relief

Curving road along the Mississippi River during autumn. Photo by Daniel Thornberg via Adobe Stock.

There are finally some improvements along the Mississippi River.

Week-over-week, 35 percent more barges were unloaded in New Orleans, meaning more goods are making their way down to ports. But, barges are carrying 30 percent less, which is impacting producer profits as shipping costs are still elevated compared to normal.

USDA says farmers are making about $2 less per bushel of both corn and soybeans. The Army Corps of Engineers is continuing its dredging operations in St. Louis.

Water levels in Canada’s St. Lawrence River are starting to go down, too. It is causing concern as many U.S. farmers are using the seaway to ship their products because of the troubles on the Mississippi. A Canadian grain farmer shares what he is experiencing.

“If you had corn or beans to move right now in the Hamilton area, with 3 major exporters, Parish and Heimbecker, G-3, and Richardson’s all with no bid for corn, and local elevators that rely on taking their grain into the port to get exported, they’re backed up. I’m worried, I kind of rely on ports. We’re in Ontario, right? We produce more grain than we can use here. Especially corn, we export it. I think this stuff’s going to have to wait until spring,” said Jeff Barlow.

U.S. and Canadian officials are considering boosting water flow on the eastern end of Lake Ontario to improve conditions for commercial ship traffic on the St. Lawrence Seaway. Ag products from Great Lakes ports account for about 40 percent of the trade along this river.

Related Stories
Grain shippers face lower freight values thanks to weak soybean exports and strong rail service, but barge traffic and forward Gulf loadings suggest continued uncertainty as harvest ramps up.
The Fertilizer Research Act, reintroduced by Sens. Grassley, Ernst, and Baldwin, would direct the USDA to study and publish public reports on competition and pricing trends in the fertilizer market.
Allowing year-round sales of E15 nationally could deliver billions in economic gains, according to a new study from the Renewable Fuels Association and National Corn Growers Association.
Farmers await concrete trade commitments from China. Until then, export prospects for soybeans, corn, and sorghum remain uncertain against strong South American competition.
U.S. trade talks with China resume, but meat industry leaders say dealing with shifting demand and market uncertainty is nothing new in this side of the ag sector.
Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.