# How Dredging the Mississippi River Could Uncover $461 Million - AgWeb

> An AgWeb feature reports that dredging the lower Mississippi from 45 to 50 feet could allow ships to load about 0.5 million more bushels of soybeans each, potentially adding $461 million annually to the US soybean industry. The Mississippi River Ship Channel Dredging Project started in 2020 and is scheduled for completion in 2022.

- Date: 2021-10-11 · published 2021-10-11T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/44431-how-dredging-the-mississippi-river-could-uncover-461-million-agweb
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Deeper channels would lower per-bushel shipping costs for Gulf soybean exports over time, a structural improvement to export basis rather than an immediate price shock.

## Read by commodity

- SOY: bullish ▲
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-14 | [Mississippi River Dredging Offers Ag Commodity Shipping Opportunities](https://feedsoft.ai/events/54498-mississippi-river-dredging-offers-ag-commodity-shipping-opportunities.md) | -0.6% | -5.5% |
| SOY | 2020-08-06 | [Mississippi River dredging seeks to increase US soy exports](https://feedsoft.ai/events/51509-mississippi-river-dredging-seeks-to-increase-us-soy-exports.md) | +1.0% | +9.1% |
| SOY | 2020-07-31 | [Dredging project cleared to boost Mississippi River capacity](https://feedsoft.ai/events/52012-dredging-project-cleared-to-boost-mississippi-river-capacity.md) | -1.2% | +5.1% |
| SOY | 2022-01-11 | [Progress on Lower Mississippi River dredging helps growers - Brownfield Ag News](https://feedsoft.ai/events/16736-progress-on-lower-mississippi-river-dredging-helps-growers-brownfield-ag-news.md) | -1.0% | +14.1% |
| SOY | 2021-12-15 | [Corps is taking the deep route—Mississippi River channel to 50 ft - DredgeWire : DredgeWire](https://feedsoft.ai/events/16741-corps-is-taking-the-deep-route-mississippi-river-channel-to-50-ft-dredgewire.md) | +3.9% | +10.5% |

## Sources

- agweb.com: https://www.agweb.com/news/crops/soybeans/how-dredging-mississippi-river-could-uncover-461-million

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