# Lock and Dam Project Receives $732 Million in Renovation Funding Key to Help Ensure Global Competitiveness of U.S. Soy | United Soybean Board

> 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.

- Date: 2022-01-25 · published 2022-01-25T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/43330-lock-and-dam-project-receives-732-million-in-renovation-funding-key-to-help
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

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.

## Read by commodity

- SOY: neutral
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-02 | [Farmers Offer $1 Million To Help Move Lock And Dam 25 Project Forward - The Waterways Journal](https://feedsoft.ai/events/16742-farmers-offer-1-million-to-help-move-lock-and-dam-25-project-forward-the.md) | +2.7% | +8.1% |
| SOY | 2018-04-25 | [Damaged lock forces closure of Mississippi River in Illinois – Professional Mariner](https://feedsoft.ai/events/65675-damaged-lock-forces-closure-of-mississippi-river-in-illinois-professional.md) | +2.0% | +0.8% |
| SOY | 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) | +0.6% | +0.6% |
| SOY | 2020-04-22 | [Aquafeed.com \|
   

   
    Expected issues in the Brazilian soybean supply chain in a new record production year](https://feedsoft.ai/events/53491-aquafeed-com-expected-issues-in-the-brazilian-soybean-supply-chain-in-a-new.md) | -0.6% | +1.4% |
| SOY | 2018-02-13 | [Soybean shortage or poor crush capacity allocation? - Lakefront Futures & Options \| Commodity Hedging \| Trading \| Managed Futures](https://feedsoft.ai/events/66589-soybean-shortage-or-poor-crush-capacity-allocation-lakefront-futures-and.md) | +2.5% | +3.9% |

## Sources

- soycheckoff.org: https://www.soycheckoff.org/news-and-stories/lock-and-dam-project-receives-732-million-in-renovation-funding-key-to-help-ensure-global-competitiveness-of-us-soy

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