# Ag Groups Offer Funds for River Project

> The United Soybean Board and other corn and soybean checkoff groups have offered $1 million to the Army Corps of Engineers to help fund design and engineering for upgrading Lock and Dam 25 near Winfield, Missouri. The project would enlarge the lock from 600-foot to 1,200-foot tows, since standard 15-barge tows must currently be split and reassembled, which can take more than two hours.

- Date: 2021-11-30 · published 2021-11-30T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/44237-ag-groups-offer-funds-for-river-project
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

A longer-term upgrade would speed barge transit on the upper Mississippi and reduce lock bottlenecks, but it has no near-term effect on supply or prices.

## Read by commodity

- BARGE: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2021/11/30/farm-groups-offer-corps-funds-upper?referrer=twitter

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