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Lock and Dam #25 on the Mississippi River has not been modernized since 1939, and its 600-foot single chamber forces barges to double lock. This causes significant delays in moving U.S. soybeans and other commodities.
The United Soybean Board says the checkoff is working on infrastructure upgrades.
Chronic lock delays reduce the reliability of U.S. barge logistics and can raise effective freight costs for soybean exports over time. This is a long-running structural issue rather than a new price shock.
theseam.comMar 11, 2022Not enough comparable past events yet for a historical read.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% 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.
