# NGFA outlines waterways infrastructure needs in letter to congressional appropriators | World-grain.com | April 05, 2017 14:48 | World Grain

> Twenty-two agricultural groups sent a letter to House and Senate appropriators on April 5, 2017, asking for fiscal 2018 funding to rebuild inland waterways. The requests include full use of the barge diesel fuel tax for the Inland Waterways Trust Fund and at least $3.173 billion for Army Corps of Engineers O&M, since most locks and dams have passed their 50-year design life.

- Date: 2017-04-05 · published 2017-04-05T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/71403-ngfa-outlines-waterways-infrastructure-needs-in-letter-to-congressional
- 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

Funding for locks, dams and channel deepening affects the long-term cost and reliability of barge transport for grain. Any appropriation would only shift freight economics over years, so the near-term price effect is small.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-03-17 | [China’s new approach to corn \| World-grain.com \| March 17, 2017 19:08 \| World Grain](https://feedsoft.ai/events/71844-china-s-new-approach-to-corn-world-grain-com-march-17-2017-19-08-world-grain.md) | -1.8% | +0.6% |
| CORN | 2018-08-13 | [STC Offers Suggestions For Infrastructure Improvements - The Waterways Journal](https://feedsoft.ai/events/63449-stc-offers-suggestions-for-infrastructure-improvements-the-waterways-journal.md) | -5.9% | -7.2% |
| CORN | 2020-05-07 | [European Commission updates import duties \| 2020-05-07  \| World Grain](https://feedsoft.ai/events/53205-european-commission-updates-import-duties-2020-05-07-world-grain.md) | +0.2% | +1.4% |
| CORN | 2021-02-22 | [CHS advocates for waterway infrastructure funding and maintenance](https://feedsoft.ai/events/48531-chs-advocates-for-waterway-infrastructure-funding-and-maintenance.md) | +1.6% | -3.4% |
| CORN | 2017-10-10 | [E.U. lowers maize, sorghum and rye import duties \| World-grain.com \| October 10, 2017 13:51 \| World Grain](https://feedsoft.ai/events/68532-e-u-lowers-maize-sorghum-and-rye-import-duties-world-grain-com-october-10-2017.md) | -0.3% | -4.5% |
| SOY | 2017-03-17 | [China’s new approach to corn \| World-grain.com \| March 17, 2017 19:08 \| World Grain](https://feedsoft.ai/events/71844-china-s-new-approach-to-corn-world-grain-com-march-17-2017-19-08-world-grain.md) | -1.0% | -4.6% |
| SOY | 2018-08-13 | [STC Offers Suggestions For Infrastructure Improvements - The Waterways Journal](https://feedsoft.ai/events/63449-stc-offers-suggestions-for-infrastructure-improvements-the-waterways-journal.md) | +4.2% | -1.5% |
| SOY | 2021-02-22 | [CHS advocates for waterway infrastructure funding and maintenance](https://feedsoft.ai/events/48531-chs-advocates-for-waterway-infrastructure-funding-and-maintenance.md) | +2.0% | +2.8% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/7960-ngfa-outlines-waterways-infrastructure-needs-in-letter-to-congressional-appropriators

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