barges Archives - Manitoba Co-operator

File photo of vessels on the Mississippi River south of New Orleans on Nov. 5, 2017. (Dave Bedard photo)

Low water on Mississippi to persist despite improved drought outlook

Risk of getting stuck mean less grain per barge

By GFM Network News, Karl Plume October 20, 2023

Chicago | Reuters — Low water levels on the lower Mississippi River are likely to persist through at least January despite expected above-normal precipitation across the southern U.S. this winter, forecasters with the National Oceanic Atmospheric Administration (NOAA) said on Thursday. The severe to exceptional drought choking the lower Mississippi River valley is expected to

Crops, Weather

Shallow Mississippi River expected to persist as dry winter hits U.S. South

River levels at historic lows this fall

By GFM Network News, Karl Plume October 20, 2022

Reuters — Low water levels on the Mississippi River are likely to persist this winter as drier-than-normal weather is expected across the southern U.S. and Gulf Coast, U.S. government forecasters said on Thursday. Drought, which currently spans 59 per cent of the country, is expected to continue or worsen in the middle and lower Mississippi

The Mississippi River. (Mark D. Tomer photo courtesy ARS/USDA)

Crops, Markets, Weather

U.S. barge backlog swells on parched Mississippi River

By GFM Network News, Karl Plume October 5, 2022

Chicago | Reuters –– Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday as low water levels halted shipments of grain, fertilizer and other commodities on the critical waterway, shipping sources said. The supply chain snarl comes just as harvesting of corn and soybeans, the largest U.S. cash

Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Crops

Argentina forms agency to manage cargo river, grain exporters worry

Added bureaucracy in grain shipping feared

By GFM Network News, Hugh Bronstein, Maximilian Heath August 25, 2021

Buenos Aires | Reuters — Argentina said on Wednesday it had formed a new government agency to manage dredging operations needed to ensure navigation of the Parana River, which carries about 80 per cent of the country’s grains exports from the Pampas farm belt out to sea. For decades, cargo ships have paid tolls directly

File photo of the Hernando de Soto Bridge as viewed from the Mud Island River Park at Memphis. (Akrassel/iStock/Getty Images)

Crops, Markets

Barge backlog starts moving as Mississippi River reopens

Over 1,000 barges waiting to pass

By GFM Network News, Tom Polansek May 14, 2021

Chicago | Reuters — The Mississippi River reopened to vessel traffic near Memphis on Friday, the U.S. Coast Guard said, ending a shutdown of part of the waterway that caused a backlog of more than 1,000 barges carrying oil, corn and other goods. The Coast Guard said the river is open to all vessel traffic

Crops

U.S. barge backup worsens as Mississippi River shut near Memphis

By GFM Network News, Tom Polansek May 14, 2021

Chicago | Reuters — A traffic jam on the lower Mississippi River swelled to 771 barges on Thursday as a fractured bridge near Memphis closed the waterway that is crucial for U.S. crop exports. The shutdown fueled concerns about shipping U.S. grain and soy to export markets at a time when global inventories are slim

Crops, Markets, Other

Green Plains sues ADM, alleging ethanol market manipulation

By GFM Network News, P.J. Huffstutter July 15, 2020

Chicago | Reuters — Green Plains Inc., one of the biggest U.S. ethanol producers, sued Archer Daniels Midland on Tuesday, accusing the global grain trader of manipulating the price of the biofuel to profit from its positions in the derivatives market. Green Plains filed the proposed class action with the U.S. District Court of Nebraska,

Crops, Markets, Weather

Major grain traders face one-two punch from U.S. floods, trade war

By GFM Network News, Karl Plume July 11, 2019

Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known as the ABCD quartet of

The AltEn ethanol plant at Mead, Neb. on March 21, 2019. (Photo: Reuters/Humeyra Pamuk)

Crops, Markets, Weather

Midwest floods hammer U.S. ethanol industry

By GFM Network News, Jarrett Renshaw, Stephanie Kelly April 8, 2019

New York | Reuters — The March floods that punished the U.S. Midwest have roiled the ethanol industry, hammering prices and trapping barrels in the country’s interior while the U.S. coasts suffer from shortages of the biofuel. The historic March floods have dealt a series of blows to large swaths of an ethanol industry that

Crops, Weather

ADM says U.S. floods to cut into Q1 operating profit

By GFM Network News, Reuters March 26, 2019

Chicago | Reuters — Flooding and severe winter weather in the U.S. Midwest will reduce Archer Daniels Midland’s first-quarter operating profit by US$50 million to $60 million, the U.S. grains trader said on Monday. Record floods have devastated a wide swath of the farm belt across Iowa, Nebraska, South Dakota and several other states. The

U.S. grains: Soybean futures edge up as Argentina ends export tax waiver

U.S. livestock: Hog futures hit contract high, herd falls short of estimates

Eastern wheat to be included in Cereals Canada’s harvest assessment

Daily Network News

U.S. grains: Soybean futures edge up as Argentina ends export tax waiver

U.S. livestock: Hog futures hit contract high, herd falls short of estimates

Eastern wheat to be included in Cereals Canada’s harvest assessment

Tag Archives barges

Low water on Mississippi to persist despite improved drought outlook

Shallow Mississippi River expected to persist as dry winter hits U.S. South

U.S. barge backlog swells on parched Mississippi River

Argentina forms agency to manage cargo river, grain exporters worry

Barge backlog starts moving as Mississippi River reopens

U.S. barge backup worsens as Mississippi River shut near Memphis

Green Plains sues ADM, alleging ethanol market manipulation

Major grain traders face one-two punch from U.S. floods, trade war

Midwest floods hammer U.S. ethanol industry

ADM says U.S. floods to cut into Q1 operating profit

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