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The United Soybean Board and soy checkoff partners highlighted that the Army Corps has selected Lock and Dam #25 on the Upper Mississippi for $732 million in design and construction funding. The checkoff had committed pre-engineering funding in November 2021, and the project is framed as key to reliable US soybean exports.
The funding is a long-term infrastructure commitment rather than a near-term supply shock, so it has little immediate price effect but supports the logistics cost base for US soybean exports.
soycheckoff.orgJan 25, 2022After 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.
Not enough comparable past events yet for a historical read.
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.
