Barge rates pressured by low Mississippi River water levels
The USDA reports that increased shipping restrictions and higher prices could pose challenges as corn and soybean harvests progress. Low water levels on the Mississippi River have caused restrictions on grain loading, leading to delays and higher rates. These delays can impact commodity prices and disrupt barge shipments for spring planting. Some brands are working to reduce greenhouse gas emissions, while others are imposing new requirements on suppliers without sharing the costs.
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