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The United Soybean Board says Lock and Dam #25 on the Mississippi River has not been modernized since 1939. Its 600-foot lock chambers are shorter than most barges, forcing double-locking that slows deliveries.
The checkoff is pushing for infrastructure upgrades to protect U.S. soybean export competitiveness.
Lock delays add cost and uncertainty to soybean shipments, which can weigh on Gulf export basis and the competitiveness of U.S. beans versus Brazil.
unitedsoybean.orgSoy CheckoffFeb 4, 2022After 297 past bearish logistics events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
