# US House Approves Water Resources Development Act of 2020

> The US House passed the Water Resources Development Act of 2020, authorizing US Army Corps of Engineers water projects including inland waterway and port investments. The NGFA praised the vote and said work continues with the Senate on a final agreement.

- Date: 2020-08-03 · published 2020-08-03T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/51777-us-house-approves-water-resources-development-act-of-2020
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Waterway infrastructure upgrades could eventually lower barge costs for grain shippers, but the bill is not final and the price effect is distant.

## Read by commodity

- BARGE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/columns/cash-market-moves/article/2020/08/03/us-house-approves-water-resources

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