# Mississippi River dredging seeks to increase US soy exports

> Baird Maritime reported that the Army Corps of Engineers and Louisiana will fund deepening of a 411-kilometre section of the lower Mississippi River. The Soy Transportation Coalition says the section handles about 60% of U.S. soybean exports. USB research estimates savings of up to $0.13 per bushel in freight and about $461 million in added farmer revenue.

- Date: 2020-08-06 · published 2020-08-06T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/51509-mississippi-river-dredging-seeks-to-increase-us-soy-exports
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Estimated freight savings of up to $0.13 per bushel could improve farm-gate soybean returns and export competitiveness, which supports soybean prices over the longer term.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-12-04 | [Rain swells Mississippi River, speeding U.S. soy exports \| The Western Producer](https://feedsoft.ai/events/16484-rain-swells-mississippi-river-speeding-u-s-soy-exports-the-western-producer.md) | +0.3% | +0.8% |
| SOY | 2020-08-04 | [Dredging Project Readies Mississippi River for Efficient Soy Transportation - U.S. Soybean Export Council](https://feedsoft.ai/events/51508-dredging-project-readies-mississippi-river-for-efficient-soy-transportation-u-s.md) | -2.3% | +6.0% |
| SOY | 2024-11-01 | [Rains swell Mississippi River, U.S. soy exports flow at 4-year high](https://feedsoft.ai/events/16493-rains-swell-mississippi-river-u-s-soy-exports-flow-at-4-year-high.md) | +3.4% | +0.7% |
| 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 | 2020-09-08 | [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% |

## Sources

- bairdmaritime.com: https://www.bairdmaritime.com/commercial-mariner/cm-marine-projects/mississippi-river-dredging-seeks-to-increase-us-soy-exports

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