There is a growing effort among Mississippi River stakeholders, including agriculture, to promote the dredging of the lower river shipping channel from 45 to 50 feet in depth. soybean exports, along with 59 percent of corn exports-by far the leading export region for both commodities. The 256-mile stretch of the Mississippi River from Baton Rouge, La., to the Gulf of Mexico accounts for 60 percent of U.S. soybean industry and individual farmer profitability-dredging. The report noted that while sufficient levels of investment must be directed to each of these essential modes, research conducted by STC highlights that one particular infrastructure enhancement offers the potential to significantly enhance the competitiveness of the U.S. Each link in this supply chain is essential for farmers to remain profitable. soybean farmers rely on a multimodal transportation system comprised of rural roads, bridges, highways, interstates, freight railroads, inland waterways and ports. To cost-effectively and reliably access domestic and international markets, U.S. The report went on to suggest that making strategic investments in infrastructure is one of the most effective ways to promote and elevate America’s farmers. agriculture, in general, and the soybean industry. The report, which was made public July 10, outlined how real and potential threats confront U.S. Informa Economics IEG recently performed a study on behalf of the Soy Transportation Coalition (STC) that examined the benefits of dredging the Lower Mississippi River and its impact on farmers, especially soybean farmers.
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