U.S. soybean growers are in danger of losing their competitive edge if the country’s aging infrastructure—specifically inland waterways, aren’t prioritized, ASA said this week in a letter to House infrastructure committee leadership.
Nearly 60% of U.S. soybeans are exported and inland waterways are the most cost effective way to move bulk commodities. But the locks and dams built in the 1930s have exceeded their life expectancy, resulting in inefficiencies that cost soy growers time and money. ASA is reiterating to Congress the need to speed up completion of a long-approved projects to upgrade locks and dams on the Upper Mississippi and Illinois River.
