New Lows: Mississippi River water levels are costing farmers “big time”
The Mississippi River hit a new low this week.
The River State outside Memphis was recorded at nearly 11 feet below normal, which is a number we have not seen since 1988.
The Soy Transportation Council says it is costing producers big time as shipping costs on the River have jumped 383 percent since this time last year. It is causing more grains to be routed through the Pacific Northwest, but with rail labor negotiations still up in the air, uncertainty remains.