# Ag groups propose lock and dam renovation funding

> Farm groups proposed committing $1 million in soybean checkoff and corn promotion funds to pre-engineering and design work for Lock and Dam No. 25 on the Upper Mississippi. The project would be the first under the Navigation and Ecosystem Sustainability Program if federal funding is approved.

- Date: 2021-11-30 · published 2021-11-30T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16752-ag-groups-propose-lock-and-dam-renovation-funding
- 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

The lock is a key chokepoint for grain moving to Gulf export, so upgrades would support reliability over time, but the funding is preliminary and has no immediate price effect.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-11-30 | [Soybean industry commits funding for Mississippi lock and dam renovation \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/16753-soybean-industry-commits-funding-for-mississippi-lock-and-dam-renovation-an.md) | +6.2% | +3.1% |
| CORN | 2020-06-24 | [Ag shippers navigate around lock and dam repairs](https://feedsoft.ai/events/52500-ag-shippers-navigate-around-lock-and-dam-repairs.md) | +2.4% | -0.3% |
| CORN | 2020-06-15 | [Five Lock and Dam Closures on Illinois River Looming](https://feedsoft.ai/events/52501-five-lock-and-dam-closures-on-illinois-river-looming.md) | +0.4% | +0.1% |
| CORN | 2026-07-28 | [Army Corps shows progress on Mississippi River lock and dam project](https://feedsoft.ai/events/16353-army-corps-shows-progress-on-mississippi-river-lock-and-dam-project.md) | -1.7% | +1.9% |
| CORN | 2018-02-02 | [Commodity group leaders say locks and dams are not the only river infrastructure problem - Brownfield Ag News](https://feedsoft.ai/events/66387-commodity-group-leaders-say-locks-and-dams-are-not-the-only-river.md) | +0.7% | +2.8% |
| SOY | 2021-11-30 | [Soybean industry commits funding for Mississippi lock and dam renovation \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/16753-soybean-industry-commits-funding-for-mississippi-lock-and-dam-renovation-an.md) | +1.6% | +9.5% |
| SOY | 2022-01-25 | [Lock and Dam Project Receives $732 Million in Renovation Funding Key to Help Ensure Global Competitiveness of U.S. Soy \| United Soybean Board](https://feedsoft.ai/events/43330-lock-and-dam-project-receives-732-million-in-renovation-funding-key-to-help.md) | +6.2% | +16.5% |
| SOY | 2020-06-24 | [Ag shippers navigate around lock and dam repairs](https://feedsoft.ai/events/52500-ag-shippers-navigate-around-lock-and-dam-repairs.md) | +1.1% | +2.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/business/ag-groups-propose-lock-and-dam-renovation-funding

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