# Perdue, farmers tout study supporting river infrastructure investment - Brownfield Ag News

> A new USDA study finds that investing $6.3 billion over ten years in the Mississippi and Illinois river lock and dam system could raise farm sales by up to $142 billion through 2045. Agriculture groups are urging Congress to fund maintenance and upgrades. Flooding this year kept barge traffic off the rivers north of St. Louis for about twelve weeks.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/57490-perdue-farmers-tout-study-supporting-river-infrastructure-investment-brownfield
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The study supports long-term investment that would lower river freight costs and improve farm-gate prices. It is a policy signal with no immediate effect on prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-12 | [Corn, wheat supported by ending stocks - Brownfield Ag News](https://feedsoft.ai/events/64000-corn-wheat-supported-by-ending-stocks-brownfield-ag-news.md) | +2.9% | +12.0% |
| CORN | 2016-11-09 | [Key support levels tested by WASDE report - Brownfield Ag News](https://feedsoft.ai/events/73823-key-support-levels-tested-by-wasde-report-brownfield-ag-news.md) | -6.6% | -4.5% |
| CORN | 2021-06-25 | [Latest Hogs and Pigs report shows a decline in farrowing intentions - Brownfield Ag News](https://feedsoft.ai/events/46731-latest-hogs-and-pigs-report-shows-a-decline-in-farrowing-intentions-brownfield.md) | +5.6% | -5.6% |
| CORN | 2021-07-26 | [Government Support for Agriculture to Decline in ’21 \| Red River Farm Network](https://feedsoft.ai/events/46062-government-support-for-agriculture-to-decline-in-21-red-river-farm-network.md) | -0.5% | -2.0% |
| CORN | 2020-12-14 | [Shrinking global supplies - Brownfield Ag News](https://feedsoft.ai/events/49578-shrinking-global-supplies-brownfield-ag-news.md) | +2.0% | +13.9% |
| SOY | 2017-01-12 | [USDA numbers support soybeans - Brownfield Ag News](https://feedsoft.ai/events/11023-usda-numbers-support-soybeans-brownfield-ag-news.md) | +6.7% | +4.7% |
| SOY | 2018-07-12 | [Corn, wheat supported by ending stocks - Brownfield Ag News](https://feedsoft.ai/events/64000-corn-wheat-supported-by-ending-stocks-brownfield-ag-news.md) | +1.5% | +7.7% |
| SOY | 2016-11-09 | [Key support levels tested by WASDE report - Brownfield Ag News](https://feedsoft.ai/events/73823-key-support-levels-tested-by-wasde-report-brownfield-ag-news.md) | -1.6% | +2.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/perdue-farmers-tout-study-supporting-river-infrastructure-investment/

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