Mississippi River Shipments Down 78 Percent

The USDA’s Agricultural Marketing Service says the number of grain barges being unloaded in New Orleans during September and October dropped significantly.

An AMS report says the number of barges is 20-30 percent lower than in recent years. The slowdown coincides with river closures and restrictions on barge companies that reduced the bar tow. Typically, 30-40 barges can move down the river together, and the new restriction says no more than 25.

The tonnage movement has been even weaker. Since September, tonnage going through locks was down more than 40 percent below recent years.

The significant decline in tonnage is consistent with reports of how barges have been forced to reduce their draft. Barges are normally loaded to an 11-12-foot-deep draft during the fall. However, companies started imposing nine-foot barge draft restrictions in October.

That can lead to a reduction of 10,000-15,000 bushels per barge. Tonnage appeared to pick up in October.

Related articles

Friday, December 2nd, 2022 Video and Audio Program

A busy week of trade and a volatile Friday session calls for a jam packed program to wrap up the week! First up, we are joined by DuWayne Bosse of Bolt Marketing to discuss the...

EPA Proposes RFS Volumes for 2023-2025 With Modest Boost for Conventional Ethanol; Not Everyone is Happy

The EPA is finally out with proposed Renewable Fuel Standard volumes for 2023 through 2025, and the ethanol industry is mostly pleased. “A clear pathway for sustainable growth” and an “upward trajectory” for clean...

NCBA Applauds Protect Farmers from the SEC ACT in Senate

The National Cattlemen’s Beef Association supports the Senate version of the Protect Farmers from the SEC Act, a companion bill to legislation introduced into the House of Representatives by Oklahoma Republican Frank Lucas. “The Securities...

USDA Expands Revenue Protection for Oat and Rye Producers

The country’s oat and rye producers can now benefit from revenue protection, a new crop insurance option available through the USDA. After listening to growers, the Risk Management Agency expanded the Small Grains Crop...

2022 Has Been a Challenge for Cattle Producers

Acknowledging every year has its ups and its down, Cameron Mulrony says 2022 was a challenging year for local cattle producers to say the least. Mulrony, the Executive Vice President of the Idaho Cattle Association...

Latest articles

%d bloggers like this: