Soy Checkoff dollars helping to lower transportation costs on the Mississippi River
The group along with the Soy Transportation Coalition is celebrating the checkoff’s infrastructure investment to help dredge the lower Mississippi River.
A two-million-dollar investment from the Soy Checkoff will help dredge the lower Mississippi River. The United Soybean Board says the improvements are much needed on the very important corridor.
“All of us soybean farmers know how important infrastructure is, whether it’s the roads — we’ve seen what fuel costs can do to transportation. We’ve seen even the rumors of strikes due to costs of transportation with railroads. We know what the depth of the Mississippi River has to do for the basis, the price that we receive as farmers. But it’s also important for the world and for the exports because we need to provide reliability when it comes to delivery and price for exports,” USB Treasurer Philip Good said.
Their investment will help with the research, planning, and design of the dredging work. It will allow more ships to carry beans to markets outside of the United States. Good says it was an exciting moment to be able to hand the check to the Louisiana Governor.
“I was very excited to have the opportunity to attend the ceremony, which was hosted by Governor Edwards of Louisiana. And he hosted farmers, United Soybean officers, Soybean Transportation Coalition and the Army Corps of Engineers were all present for the opportunity for us to present a check to them. So, that was a very exciting moment.”