# Dredging the Mighty Mississippi: Why only 5 feet measure up - American Soybean Association

> A Soy Transportation Coalition analysis by Informa Economics found that dredging the Mississippi River Ship Channel from 45 to 50 feet offered the greatest infrastructure benefit to U.S. soybean competitiveness. The 256-mile stretch from Baton Rouge to the Gulf handles 60 percent of U.S. soybean exports and 59 percent of corn exports. The Big River Coalition is promoting the deeper channel.

- Date: 2018-11-20 · published 2018-11-20T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/61938-dredging-the-mighty-mississippi-why-only-5-feet-measure-up-american-soybean
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A deeper channel could lower per-bushel shipping costs and improve Gulf export competitiveness for soybeans and corn, which supports farm-gate basis over the long run. The effect on futures prices is minimal in the near term because the project is only proposed.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-08-06 | [Deepening Lower Mississippi River \| Iowa Soybean Association](https://feedsoft.ai/events/51507-deepening-lower-mississippi-river-iowa-soybean-association.md) | +1.0% | +9.1% |
| SOY | 2020-07-31 | [Soy Growers Lauding New Dredging Plan on Mississippi -](https://feedsoft.ai/events/52017-soy-growers-lauding-new-dredging-plan-on-mississippi.md) | -1.2% | +5.1% |
| SOY | 2020-07-31 | [Dredging Project Readies Mississippi River for Efficient Soy Transportation \| United Soybean Board](https://feedsoft.ai/events/52013-dredging-project-readies-mississippi-river-for-efficient-soy-transportation.md) | -1.2% | +5.1% |
| 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 | 2020-08-04 | [Dredging Project Readies Mississippi River for Efficient Soy Transportation - U.S. Soybean Export Council](https://feedsoft.ai/events/51508-dredging-project-readies-mississippi-river-for-efficient-soy-transportation-u-s.md) | -2.3% | +6.0% |
| CORN | 2020-08-06 | [Deepening Lower Mississippi River \| Iowa Soybean Association](https://feedsoft.ai/events/51507-deepening-lower-mississippi-river-iowa-soybean-association.md) | +1.4% | +8.8% |
| CORN | 2020-07-31 | [Soy Growers Lauding New Dredging Plan on Mississippi -](https://feedsoft.ai/events/52017-soy-growers-lauding-new-dredging-plan-on-mississippi.md) | -0.7% | +7.0% |
| CORN | 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) | -2.4% | -7.1% |

## Sources

- soygrowers.com: https://soygrowers.com/dredging-the-mighty-mississippi-why-only-5-feet-measure-up/

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