# IMX Session Explores Equipment and Dredging Work Along the Mississippi River - The Waterways Journal

> Informa Economics IEG, for the Soy Transportation Coalition, found that deepening the Lower Mississippi channel would cut soybean shipping costs from Gulf terminals by about 13 cents per bushel. The 256-mile stretch accounts for 60% of U.S. soybean exports and 59% of corn exports. The report urges investment in multimodal transport infrastructure.

- Date: 2018-07-12 · published 2018-07-12T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/63917-imx-session-explores-equipment-and-dredging-work-along-the-mississippi-river
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Gulf shipping costs would improve the competitiveness of U.S. soybeans and raise farm-gate value without changing supply or demand. The gain would be realized only if the dredging project proceeds.

## Read by commodity

- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-27 | [Upper Mississippi River On The Rise Again - The Waterways Journal](https://feedsoft.ai/events/56949-upper-mississippi-river-on-the-rise-again-the-waterways-journal.md) | +2.6% | +5.0% |
| SOY | 2020-03-23 | [Allision Leads To Breakaway And River Closure - The Waterways Journal](https://feedsoft.ai/events/54031-allision-leads-to-breakaway-and-river-closure-the-waterways-journal.md) | +2.2% | -4.2% |
| SOY | 2018-06-01 | [STC Leader Discusses Ag Transportation Trends At IMX - The Waterways Journal](https://feedsoft.ai/events/64421-stc-leader-discusses-ag-transportation-trends-at-imx-the-waterways-journal.md) | -4.3% | -15.4% |
| SOY | 2022-07-26 | [Controlling Draft On Lower Mississippi Increased To 50 Feet Through New Orleans - The Waterways Journal](https://feedsoft.ai/events/16696-controlling-draft-on-lower-mississippi-increased-to-50-feet-through-new-orleans.md) | +8.2% | +3.7% |
| SOY | 2019-09-19 | [Grounding Temporarily Closes Lower Miss - The Waterways Journal](https://feedsoft.ai/events/56943-grounding-temporarily-closes-lower-miss-the-waterways-journal.md) | +0.1% | +4.4% |

## Sources

- waterwaysjournal.net: https://www.waterwaysjournal.net/2018/07/11/imx-session-explores-equipment-and-dredging-work-along-the-mississippi-river/

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