# The mighty Mississippi River is even mightier now; here's why - DredgeWire : DredgeWire

> Federal, state and local officials celebrated the deepening of the Mississippi navigation channel to 50 feet between its mouth and New Orleans. The project cost about $250 million, with Louisiana funding its $80 million share and federal infrastructure law money covering the federal portion.

- Date: 2022-08-17 · published 2022-08-17T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16693-the-mighty-mississippi-river-is-even-mightier-now-here-s-why-dredgewire
- 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

A deeper channel allows larger export vessels to load at New Orleans, which can strengthen US grain export competitiveness and lower freight costs over time.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-12-15 | [Corps is taking the deep route—Mississippi River channel to 50 ft - DredgeWire : DredgeWire](https://feedsoft.ai/events/16741-corps-is-taking-the-deep-route-mississippi-river-channel-to-50-ft-dredgewire.md) | -3.5% | +1.2% |
| CORN | 2018-02-13 | [Mississippi River Shutdown Would Cost Millions - DredgeWire : DredgeWire](https://feedsoft.ai/events/66394-mississippi-river-shutdown-would-cost-millions-dredgewire-dredgewire.md) | +0.3% | +4.7% |
| CORN | 2021-06-23 | [Low water levels in the Mississippi River create issues for commercial boating - DredgeWire : DredgeWire](https://feedsoft.ai/events/46469-low-water-levels-in-the-mississippi-river-create-issues-for-commercial-boating.md) | +2.8% | -5.4% |
| CORN | 2024-09-09 | [Mississippi River restricts barges as water levels drop - DredgeWire : DredgeWire](https://feedsoft.ai/events/16511-mississippi-river-restricts-barges-as-water-levels-drop-dredgewire-dredgewire.md) | +1.0% | +4.9% |
| CORN | 2017-04-06 | [Mississippi River Commission Says Less Money Means Less Dredging - DredgeWire : DredgeWire](https://feedsoft.ai/events/71399-mississippi-river-commission-says-less-money-means-less-dredging-dredgewire.md) | +0.6% | -0.3% |
| SOY | 2021-12-15 | [Corps is taking the deep route—Mississippi River channel to 50 ft - DredgeWire : DredgeWire](https://feedsoft.ai/events/16741-corps-is-taking-the-deep-route-mississippi-river-channel-to-50-ft-dredgewire.md) | +3.9% | +10.5% |
| SOY | 2018-02-13 | [Mississippi River Shutdown Would Cost Millions - DredgeWire : DredgeWire](https://feedsoft.ai/events/66394-mississippi-river-shutdown-would-cost-millions-dredgewire-dredgewire.md) | +2.5% | +3.9% |
| SOY | 2021-06-23 | [Low water levels in the Mississippi River create issues for commercial boating - DredgeWire : DredgeWire](https://feedsoft.ai/events/46469-low-water-levels-in-the-mississippi-river-create-issues-for-commercial-boating.md) | -2.5% | +3.2% |

## Sources

- dredgewire.com: https://dredgewire.com/the-mighty-mississippi-river-is-even-mightier-now-heres-why/

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