# Federal grants aim to boost container shipping on Mississippi River | STLPR

> The US Department of Transportation announced six Marine Highway Grants, five aimed at container-on-barge services on the Mississippi. Grants include $713,000 for America's Central Port and $96,000 for the Port of St. Louis to work with shippers such as Walmart and Target.

- Date: 2016-12-05 · published 2016-12-05T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/73382-federal-grants-aim-to-boost-container-shipping-on-mississippi-river-stlpr
- 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

The grants aim to expand containerized river freight over the long term, but their near-term effect on grain prices or barge rates is minimal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-11-30 | [Barge Restrictions Mean Shipping Complications on Mississippi River \| Feed & Grain](https://feedsoft.ai/events/49545-barge-restrictions-mean-shipping-complications-on-mississippi-river-feed-and.md) | -1.5% | -1.0% |
| CORN | 2017-03-15 | [Cotton ginners help keep Mississippi River strong shipping](https://feedsoft.ai/events/71895-cotton-ginners-help-keep-mississippi-river-strong-shipping.md) | +1.0% | +1.9% |
| CORN | 2019-03-21 | [Northern snow melt could delay grain shipping on the Mississippi River - Brownfield Ag News](https://feedsoft.ai/events/59980-northern-snow-melt-could-delay-grain-shipping-on-the-mississippi-river.md) | -1.2% | -4.1% |
| CORN | 2023-02-28 | [River Rebound: Is the Shipping Crisis on the Mississippi Ending? - AgWeb](https://feedsoft.ai/events/16650-river-rebound-is-the-shipping-crisis-on-the-mississippi-ending-agweb.md) | +0.9% | +0.2% |
| CORN | 2022-09-28 | [Drought Pushes Mississippi River Grain Shipping Rate to a Record - Bloomberg](https://feedsoft.ai/events/16680-drought-pushes-mississippi-river-grain-shipping-rate-to-a-record-bloomberg.md) | +1.9% | +4.4% |
| SOY | 2020-11-30 | [Barge Restrictions Mean Shipping Complications on Mississippi River \| Feed & Grain](https://feedsoft.ai/events/49545-barge-restrictions-mean-shipping-complications-on-mississippi-river-feed-and.md) | -2.4% | +5.3% |
| SOY | 2017-03-15 | [Cotton ginners help keep Mississippi River strong shipping](https://feedsoft.ai/events/71895-cotton-ginners-help-keep-mississippi-river-strong-shipping.md) | +1.4% | -4.9% |
| SOY | 2023-02-28 | [River Rebound: Is the Shipping Crisis on the Mississippi Ending? - AgWeb](https://feedsoft.ai/events/16650-river-rebound-is-the-shipping-crisis-on-the-mississippi-ending-agweb.md) | +1.5% | -5.0% |

## Sources

- stlpr.org: https://www.stlpr.org/economy-business/2016-12-05/federal-grants-aim-to-boost-container-shipping-on-mississippi-river

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