# If You Dredge It, They Will Come

> A DTN analyst discusses plans to dredge the lower Mississippi River shipping channel from 45 to 50 feet. The Mississippi from Baton Rouge to the Gulf handles about 60% of U.S. soybean exports and 59% of corn exports. The United Soybean Board has allocated $2 million to support the effort.

- Date: 2019-08-05 · published 2019-08-05T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/57487-if-you-dredge-it-they-will-come
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Deeper channels would allow larger vessels and could improve export basis for farmers over time. The effect is a long-term infrastructure matter, not an immediate price driver.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-26 | [Report: River dredging will benefit farmers - Brownfield Ag News](https://feedsoft.ai/events/61939-report-river-dredging-will-benefit-farmers-brownfield-ag-news.md) | +1.6% | +0.3% |
| SOY | 2021-10-11 | [How Dredging the Mississippi River Could Uncover $461 Million - AgWeb](https://feedsoft.ai/events/44431-how-dredging-the-mississippi-river-could-uncover-461-million-agweb.md) | -2.0% | -4.1% |
| SOY | 2021-12-15 | [Corps is taking the deep route—Mississippi River channel to 50 ft - DredgeWire : DredgeWire](https://feedsoft.ai/events/16741-corps-is-taking-the-deep-route-mississippi-river-channel-to-50-ft-dredgewire.md) | +3.9% | +10.5% |
| SOY | 2020-02-20 | [Dredging down the Mississippi may lift crop prices up north - DredgeWire : DredgeWire](https://feedsoft.ai/events/54496-dredging-down-the-mississippi-may-lift-crop-prices-up-north-dredgewire.md) | -1.8% | -8.0% |
| SOY | 2018-07-27 | [Brazil still feeling the impact of truck driver strike \| World-grain.com \| July 27, 2018 12:18 \| World Grain](https://feedsoft.ai/events/64059-brazil-still-feeling-the-impact-of-truck-driver-strike-world-grain-com-july-27.md) | +2.5% | -2.2% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2019/08/05/dredge-will-come

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