# Partnership signed to begin dredging lower Mississippi - Brownfield Ag News

> The U.S. Army Corps of Engineers and the State of Louisiana signed an agreement to begin dredging a 154-mile segment of the lower Mississippi River. The first phase is expected to start in late summer or early fall. The United Soybean Board has allocated $2 million toward planning and design costs.

- Date: 2020-08-03 · published 2020-08-03T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/51506-partnership-signed-to-begin-dredging-lower-mississippi-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Improved channel depth is expected to cut freight costs and allow larger ships to carry more soybeans and grain from the export terminals, supporting export demand and Gulf basis over the medium term.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- BARGE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-07-31 | [Soy Growers Lauding New Dredging Plan on Mississippi -](https://feedsoft.ai/events/52017-soy-growers-lauding-new-dredging-plan-on-mississippi.md) | -1.2% | +5.1% |
| SOY | 2018-11-26 | [Report: River dredging will benefit farmers - Brownfield Ag News](https://feedsoft.ai/events/61939-report-river-dredging-will-benefit-farmers-brownfield-ag-news.md) | +1.6% | +0.3% |
| 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 | 2020-09-16 | [Mississippi River Ship Channel Deepening to 50 Feet Begins \| Port NOLA](https://feedsoft.ai/events/50998-mississippi-river-ship-channel-deepening-to-50-feet-begins-port-nola.md) | +2.8% | +5.3% |
| CORN | 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) | -2.8% | +4.1% |
| CORN | 2020-07-31 | [Soy Growers Lauding New Dredging Plan on Mississippi -](https://feedsoft.ai/events/52017-soy-growers-lauding-new-dredging-plan-on-mississippi.md) | -0.7% | +7.0% |
| CORN | 2020-09-16 | [Mississippi River Ship Channel Deepening to 50 Feet Begins \| Port NOLA](https://feedsoft.ai/events/50998-mississippi-river-ship-channel-deepening-to-50-feet-begins-port-nola.md) | +1.1% | +4.7% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/partnership-signed-to-begin-dredging-lower-mississippi/

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