# New funding proposal aims to reduce bottlenecks on Upper Mississippi River - News Service

> Iowa State University researcher Yoshinori Suzuki proposes a public-private funding model to rehabilitate the 27 aging locks and dams on the Upper Mississippi. Barges carry about 60 percent of US grain exports, and the share of delayed vessels rose from 35 percent in 2010 to 49 percent in 2017.

- Date: 2023-02-13 · published 2023-02-13T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16653-new-funding-proposal-aims-to-reduce-bottlenecks-on-upper-mississippi-river-news
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lock delays raise freight costs and can strand grain and input flows, affecting feed grain basis. A funding model is only a proposal, so near-term price impact is limited.

## Read by commodity

- SOY: neutral
- CORN: neutral
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-05-19 | [Updates to locks and dams begin on Upper Mississippi River - Brownfield Ag News](https://feedsoft.ai/events/36108-updates-to-locks-and-dams-begin-on-upper-mississippi-river-brownfield-ag-news.md) | +6.7% | +4.4% |
| CORN | 2025-01-24 | [ACBL issues upper Mississippi River reopening plan \| Latest Market News](https://feedsoft.ai/events/16479-acbl-issues-upper-mississippi-river-reopening-plan-latest-market-news.md) | -0.2% | +3.3% |
| CORN | 2021-07-03 | [Missouri River navigation support; full-length season, reduced service levels \| DRGNews](https://feedsoft.ai/events/46260-missouri-river-navigation-support-full-length-season-reduced-service-levels.md) | -3.1% | -11.0% |
| CORN | 2019-06-27 | [Mixed emotions as Upper Mississippi River reopens to barges](https://feedsoft.ai/events/58498-mixed-emotions-as-upper-mississippi-river-reopens-to-barges.md) | -2.5% | -4.4% |
| CORN | 2019-09-27 | [Upper Mississippi River On The Rise Again - The Waterways Journal](https://feedsoft.ai/events/56949-upper-mississippi-river-on-the-rise-again-the-waterways-journal.md) | -0.5% | +0.9% |
| SOY | 2023-05-19 | [Updates to locks and dams begin on Upper Mississippi River - Brownfield Ag News](https://feedsoft.ai/events/36108-updates-to-locks-and-dams-begin-on-upper-mississippi-river-brownfield-ag-news.md) | -0.7% | +10.0% |
| SOY | 2025-01-24 | [ACBL issues upper Mississippi River reopening plan \| Latest Market News](https://feedsoft.ai/events/16479-acbl-issues-upper-mississippi-river-reopening-plan-latest-market-news.md) | -2.0% | -2.4% |
| SOY | 2021-07-03 | [Missouri River navigation support; full-length season, reduced service levels \| DRGNews](https://feedsoft.ai/events/46260-missouri-river-navigation-support-full-length-season-reduced-service-levels.md) | -1.3% | -2.3% |

## Sources

- news.iastate.edu: https://www.news.iastate.edu/news/new-funding-proposal-aims-reduce-bottlenecks-upper-mississippi-river

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.