# Dredging Project Readies Mississippi River for Efficient Soy Transportation - U.S. Soybean Export Council

> The U.S. Soybean Export Council reported that USB-funded research informed a Army Corps of Engineers project to deepen the Mississippi River from 45 to 50 feet between Baton Rouge and the Gulf of Mexico. The Louisiana Department of Transportation and Development will also provide funding. The project is intended to move more soybeans in larger, more cost-effective shipments.

- Date: 2020-08-04 · published 2020-08-04T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/51508-dredging-project-readies-mississippi-river-for-efficient-soy-transportation-u-s
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

More efficient river shipping for soybean exports should lift export competitiveness and supports soybean prices over time, though the benefits are years away.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-31 | [Dredging Project Readies Mississippi River for Efficient Soy Transportation \| United Soybean Board](https://feedsoft.ai/events/52013-dredging-project-readies-mississippi-river-for-efficient-soy-transportation.md) | -1.2% | +5.1% |
| 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 | 2020-02-13 | [Mississippi River project approved, more corn and soybean export capacity expected](https://feedsoft.ai/events/54495-mississippi-river-project-approved-more-corn-and-soybean-export-capacity.md) | +0.0% | -4.2% |
| SOY | 2020-09-08 | [Investments in Mississippi River Dredging Improve Export Efficiency — Louisiana Farm Bureau News](https://feedsoft.ai/events/51003-investments-in-mississippi-river-dredging-improve-export-efficiency-louisiana.md) | +5.1% | +5.4% |
| 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% |

## Sources

- ussec.org: https://ussec.org/news/dredging-project-readies-mississippi-river-efficient-soy-transportation/

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