# Supplying The Soybean - Biz New Orleans

> The Soy Transportation Coalition, backed by a $2 million United Soybean Board contribution, is supporting planning and design work to deepen the lower Mississippi from 45 to 50 feet between Baton Rouge and the Gulf. The coalition represents states producing 85 percent of US soybeans.

- Date: 2020-03-25 · published 2020-03-25T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/54032-supplying-the-soybean-biz-new-orleans
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower-river deepening promises cheaper soybean export logistics over time, which could support farm-gate soybean values relative to export prices, though the benefit is years away.

## Read by commodity

- SOY: bullish ▲
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-09-29 | [Soybeans strengthen on river worries – The Seam](https://feedsoft.ai/events/39655-soybeans-strengthen-on-river-worries-the-seam.md) | -2.8% | -1.9% |
| SOY | 2024-10-22 | [Soybeans, corn continue to rise - Brownfield Ag News](https://feedsoft.ai/events/11150-soybeans-corn-continue-to-rise-brownfield-ag-news.md) | -0.7% | +2.9% |
| SOY | 2026-01-27 | [Soybean, corn barge basis bids turn higher on firm freight, weather woes — TradingView News](https://feedsoft.ai/events/21221-soybean-corn-barge-basis-bids-turn-higher-on-firm-freight-weather-woes.md) | -0.1% | +7.3% |
| SOY | 2025-02-19 | [Corn, soybean barge bids turn higher](https://feedsoft.ai/events/16468-corn-soybean-barge-bids-turn-higher.md) | -0.7% | -2.5% |
| SOY | 2025-12-15 | [Low river levels slow soybean traffic toward the Gulf - Brownfield Ag News](https://feedsoft.ai/events/16400-low-river-levels-slow-soybean-traffic-toward-the-gulf-brownfield-ag-news.md) | -2.6% | -5.0% |

## Sources

- bizneworleans.com: https://bizneworleans.com/supplying-the-soybean/

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