# Locks and dams: Still in disrepair

> Legislators and industry groups toured Lock and Dam 15 at Rock Island during an early August Mississippi River barge tour organized by Illinois and Iowa corn grower associations. The Waterways Council warned that about 80% of locks will exceed their design life within three years and that funding for maintenance is lacking.

- Date: 2017-08-14 · published 2017-08-14T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/69629-locks-and-dams-still-in-disrepair
- 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

Deteriorating locks raise the risk of delays and closures on the river system that carries over 60% of US agricultural exports, which could widen barge freight costs and basis for corn and soybeans.

## Read by commodity

- SOY: neutral
- CORN: neutral
- BARGE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-24 | [Ag shippers navigate around lock and dam repairs](https://feedsoft.ai/events/52500-ag-shippers-navigate-around-lock-and-dam-repairs.md) | +2.4% | -0.3% |
| CORN | 2020-06-15 | [Five Lock and Dam Closures on Illinois River Looming](https://feedsoft.ai/events/52501-five-lock-and-dam-closures-on-illinois-river-looming.md) | +0.4% | +0.1% |
| CORN | 2020-07-10 | [Steenhoek: ongoing lock and dam repairs will help make supply chain more reliable - Brownfield Ag News](https://feedsoft.ai/events/52280-steenhoek-ongoing-lock-and-dam-repairs-will-help-make-supply-chain-more.md) | -4.9% | -7.5% |
| CORN | 2023-05-19 | [Updates to locks and dams begin on Upper Mississippi River - Brownfield Ag News](https://feedsoft.ai/events/36108-updates-to-locks-and-dams-begin-on-upper-mississippi-river-brownfield-ag-news.md) | +6.7% | +4.4% |
| CORN | 2020-05-29 | [ACBL: Illinois River lock closures still set to start on schedule - Marine Log](https://feedsoft.ai/events/53327-acbl-illinois-river-lock-closures-still-set-to-start-on-schedule-marine-log.md) | +1.0% | -0.9% |
| SOY | 2020-06-24 | [Ag shippers navigate around lock and dam repairs](https://feedsoft.ai/events/52500-ag-shippers-navigate-around-lock-and-dam-repairs.md) | +1.1% | +2.8% |
| SOY | 2020-06-15 | [Five Lock and Dam Closures on Illinois River Looming](https://feedsoft.ai/events/52501-five-lock-and-dam-closures-on-illinois-river-looming.md) | +0.6% | +0.6% |
| SOY | 2020-07-10 | [Steenhoek: ongoing lock and dam repairs will help make supply chain more reliable - Brownfield Ag News](https://feedsoft.ai/events/52280-steenhoek-ongoing-lock-and-dam-repairs-will-help-make-supply-chain-more.md) | -0.5% | -1.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/farm-business/locks-and-dams-still-in-disrepair

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