# In Industrial Canal, smaller, shallower $951 million lock is proposed | Environment | nola.com

> The Army Corps of Engineers has recommended a $951.3 million shallow-draft replacement lock on the Industrial Canal in New Orleans, to be built between Tonti and Johnson streets. The lock would give barges access to the Gulf Intracoastal Waterway east of the Mississippi River. The proposal is smaller and cheaper than a 1990 plan and needs no private property.

- Date: 2017-01-10 · published 2017-01-10T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/72898-in-industrial-canal-smaller-shallower-951-million-lock-is-proposed-environment
- 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

Improved barge access in southeast Louisiana could ease shipping bottlenecks for Gulf grain and feed movements. The project is long-term and has limited near-term price impact.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-25 | [Damaged lock forces closure of Mississippi River in Illinois – Professional Mariner](https://feedsoft.ai/events/65675-damaged-lock-forces-closure-of-mississippi-river-in-illinois-professional.md) | +2.4% | +5.0% |
| CORN | 2017-04-19 | [Proposed Dredging of Mississippi River Would Dramatically Boost Commerce on Inland Waterways - St. Louis Regional Freightway](https://feedsoft.ai/events/71395-proposed-dredging-of-mississippi-river-would-dramatically-boost-commerce-on.md) | +1.2% | +2.3% |
| CORN | 2026-10-13 | [Freight costs limit relief from lower grain prices, Commo18 says \| Miller Magazine](https://feedsoft.ai/events/17248-freight-costs-limit-relief-from-lower-grain-prices-commo18-says-miller-magazine.md) | -2.0% | — |
| CORN | 2017-01-30 | [NTSB: ‘Downstreaming’ in swift current led to fatal capsizing – Professional Mariner](https://feedsoft.ai/events/72902-ntsb-downstreaming-in-swift-current-led-to-fatal-capsizing-professional-mariner.md) | +2.0% | +1.2% |
| CORN | 2019-09-17 | [A rising Mississippi River is raising industrial sector worries](https://feedsoft.ai/events/57250-a-rising-mississippi-river-is-raising-industrial-sector-worries.md) | +1.7% | +4.7% |
| SOY | 2018-04-25 | [Damaged lock forces closure of Mississippi River in Illinois – Professional Mariner](https://feedsoft.ai/events/65675-damaged-lock-forces-closure-of-mississippi-river-in-illinois-professional.md) | +2.0% | +0.8% |
| SOY | 2017-04-19 | [Proposed Dredging of Mississippi River Would Dramatically Boost Commerce on Inland Waterways - St. Louis Regional Freightway](https://feedsoft.ai/events/71395-proposed-dredging-of-mississippi-river-would-dramatically-boost-commerce-on.md) | +0.9% | +3.2% |
| SOY | 2022-01-25 | [Lock and Dam Project Receives $732 Million in Renovation Funding Key to Help Ensure Global Competitiveness of U.S. Soy \| United Soybean Board](https://feedsoft.ai/events/43330-lock-and-dam-project-receives-732-million-in-renovation-funding-key-to-help.md) | +6.2% | +16.5% |

## Sources

- nola.com: https://www.nola.com/news/environment/in-industrial-canal-smaller-shallower-951-million-lock-is-proposed/article_06df33e4-6e68-5abf-96fc-d4461affe6a3.html

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