# Twelve years later the locks still not replaced

> Congress has not funded the $2.2 billion replacement of seven aging locks and dams on the Upper Mississippi and Illinois rivers, despite a 2007 authorization. A USDA study found the share of barge vessels delayed rose from 35% in 2010 to 49% in 2017.

- Date: 2019-09-05 · published 2019-09-05T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/56947-twelve-years-later-the-locks-still-not-replaced
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lock delays raise US grain export costs and help Brazilian exporters compete, which can weigh on US soybean and corn export basis over time.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-28 | [Trump's Farmer Bailout: Half Now, the Rest Later – Maybe](https://feedsoft.ai/events/63526-trump-s-farmer-bailout-half-now-the-rest-later-maybe.md) | -0.3% | +1.3% |
| SOY | 2025-09-23 | [EU to delay anti-deforestation law by another year \| Reuters](https://feedsoft.ai/events/22875-eu-to-delay-anti-deforestation-law-by-another-year-reuters.md) | -0.0% | +2.1% |
| SOY | 2024-04-01 | [The EU Deforestation Regulation: Getting started now](https://feedsoft.ai/events/31227-the-eu-deforestation-regulation-getting-started-now.md) | -0.5% | -2.7% |
| SOY | 2025-12-18 | [EU countries approve year-long delay to deforestation law \| Reuters](https://feedsoft.ai/events/21521-eu-countries-approve-year-long-delay-to-deforestation-law-reuters.md) | +0.5% | -0.0% |
| SOY | 2025-11-27 | [EU backs another one-year delay for EUDR antideforestation law](https://feedsoft.ai/events/21989-eu-backs-another-one-year-delay-for-eudr-antideforestation-law.md) | -1.1% | -6.4% |
| CORN | 2018-08-28 | [Trump's Farmer Bailout: Half Now, the Rest Later – Maybe](https://feedsoft.ai/events/63526-trump-s-farmer-bailout-half-now-the-rest-later-maybe.md) | +0.8% | +2.6% |
| CORN | 2020-03-11 | [U.S. farmers still dependent on trade aid after China deal](https://feedsoft.ai/events/54116-u-s-farmers-still-dependent-on-trade-aid-after-china-deal.md) | -6.0% | -3.6% |
| CORN | 2019-03-13 | [The Release of China’s Rice Stocks Could Impact Global Feed Markets \| Economic Research Service](https://feedsoft.ai/events/60169-the-release-of-china-s-rice-stocks-could-impact-global-feed-markets-economic.md) | +4.3% | -1.0% |

## Sources

- waterwayscouncil.org: https://waterwayscouncil.org/media/in-the-news/article/2019/09/twelve-years-later-the-locks-still-not-replaced

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