Mississippi River project approved, more corn and soybean export capacity expected

After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.

• Jul 31, 2020Dredging project cleared to boost Mississippi River capacity-1.2%
• Aug 4, 2020Dredging Project Readies Mississippi River for Efficient Soy Transportation - U.S. Soybean Export Council-2.3%
• Feb 13, 2020A Deeper Mississippi River Will Improve the Economics of Soybean Exports+0.0%
• Jul 31, 2020Dredging Project Readies Mississippi River for Efficient Soy Transportation | United Soybean Board-1.2%
• Aug 11, 2020Dredging of Mississippi River means more soybeans moved to port | Iowa Agribusiness Radio Network+4.1%

After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.

• Feb 13, 2020A Deeper Mississippi River Will Improve the Economics of Soybean Exports+1.0%
• Aug 6, 2020Deepening Lower Mississippi River | Iowa Soybean Association+1.4%
• May 9, 2017Mississippi River traffic closure causes slowdown for SEMO Port Authority+0.6%
• Dec 4, 2025Mississippi River Crisis Threatens U.S. Grain Exports and Farm Logistics - Agrolatam+0.4%
• Feb 14, 2020Mississippi River Dredging Offers Ag Commodity Shipping Opportunities+1.2%

Not enough comparable past events yet for a historical read.