Soy Transportation Coalition’s agricultural hub investment to boost exports via St. Lawrence Seaway

Chamber of Shipping > Blog > News > Local > Soy Transportation Coalition’s agricultural hub investment to boost exports via St. Lawrence Seaway

The Soy Transportation Coalition has provided $200,000 to help fund Phase II of the DeLong Company’s Agriculture Maritime Export Facility in Port Milwaukee, Wisconsin. The grant will contribute to the construction of two-grain storage silos and additional handling equipment. Once completed, Phase II is expected to facilitate the export of an additional 120,000 tonnes of soybeans, with the potential for soybean meal exports in the future. The investment aims to enhance US soybean and soy product exports and contribute to the development of the Great Lakes/St. Lawrence Seaway system as a key supply chain option for agricultural exports. Amidst current supply chain challenges in U.S. agriculture, including low water levels on the Mississippi River and drought conditions at the Panama Canal, the coalition emphasizes the need for alternative supply chain options for farmers. Although the Great Lakes/St. Lawrence Seaway handles a modest share of U.S. soybean exports compared to other regions, it holds the potential to play a more significant role in connecting soybean farmers globally.

Related Posts