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(Posted Wed. May 15th, 2013)

Keywords: Transportation Locks and Dams

May 15: The National Corn Growers Association thanked members of the U.S. Senate who overwhelmingly passed the Water Resources Development Act today, a bill that represents an important step forward in upgrading the inland waterways system. “Our inland waterways, in particular the Upper Mississippi and Illinois Rivers, are an important route for moving our corn to markets worldwide,” said NCGA Chairman Garry Niemeyer, who has been active on the water issue for decades. “We’re proud to see such a united Senate approve this with an 83-14 vote and are looking forward to the day when some of these much-needed projects get rolling and get completed.” Of specific interest to corn farmers, the bill contains provisions to remove the over-budget and long-delayed Olmsted lock and dam project from the Inland Waterways Trust Fund (IWTF), the remainder of the cost to be paid 100 percent by general treasury revenue and not cost-shared 50-50 through the IWTF. This action will free up around...