Mississippi River Drought and Low Water Levels To Hit Supply Chains

by | Nov 8, 2022 | Headline News

Do you LOVE America?

    Share

    Cargo is slowing down as the Mississippi River continues to dry up. Most cargo barges at the moment are loaded 35% below capacity so they will float higher in the water. Barge traffic has been cut by almost half.

    The Mississippi River provides a crucial water highway for transporting crops. Drought conditions in the Midwest have lowered water levels on the Mississippi River to their worst depth since the late 1980s. Lower water levels make the movement of barges down the river costlier and slower. This is creating headaches for farmers and other industries that rely on the waterway to move their goods, according to a report by More Than Shipping

    The Mississippi River is responsible for $400 billion in industry and 1.3 million jobs in the United States. According to Jonathan Dunn who works for one of the largest barge operators in the nation, they would normally be running about 46 to 50 large-powered boats, but, they are now running about 25 – a drastic reduction. When the price to ship goes up, the value of goods goes down. The price will eventually trickle down to consumers.

    This is going to show up as inflation for the end consumer.

    Hedge Fund Giant Warns: Looming Hyperinflation Could Lead To “Global Societal Collapse”

    There are currently many barges with soybeans, corn, and rice that have been waiting for weeks to get downriver. Plastics, fertilizers, and oils cannot get upriver. The low water levels have grounded some barges which further delays the barge traffic.

    Much of the U.S. is experiencing a drought right now. The Southwest, which relies heavily on the Colorado River to supply water for cities and farms, is under extreme drought conditions as well, while Lake Mead and Lake Powell continue to dry up. Both lakes are expected to become “dead pools” in the next few years, which means California, Arizona, and Nevada will not be getting any more water from the Colorado River.

    Supply chains and alternative water sources won’t be the only problems the U.S. faces because of prolonged drought conditions. Hydroelectric power generation could go down, collapsing the entire power grid.

    Power Grid Collapse Looms: Drought Forcing Drastic Cuts in Hydroelectric Power Generation

    Estimates suggest we’re currently in the 22nd year of the worst drought in the U.S. in 1,200 years, according to White Mountain Independent.

     

    URGENT ON GOLD… as in URGENT

    It Took 22 Years to Get to This Point

    Gold has been the right asset with which to save your funds in this millennium that began 23 years ago.

    Free Exclusive Report
    The inevitable Breakout – The two w’s

      Related Articles

      Comments

      Join the conversation!

      It’s 100% free and your personal information will never be sold or shared online.

      0 Comments

      Commenting Policy:

      Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

      This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.