# Emergency Funds Secured to Dredge Mississippi River | KQLX

> Representatives Ron Kind, Angie Craig and Betty McCollum secured emergency federal funding for the Army Corps of Engineers to dredge the Mississippi River after spring flooding raised sediment levels. The Inland Waterway System carries about one-sixth of the nation's intercity cargo and 25% of foreign exports.

- Date: 2019-11-15 · published 2019-11-15T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/55925-emergency-funds-secured-to-dredge-mississippi-river-kqlx
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Restoring navigation depth on the Mississippi reduces the risk of barge bottlenecks that can widen Gulf basis and raise freight costs for grain and meal exports.

## Read by commodity

- BARGE: bearish ▼

## Sources

- agnews890.com: https://www.agnews890.com/2019/11/15/emergency-funds-secured-to-dredge-mississippi-river/

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