The classical Benjamin and Lighthill conjecture about steady water waves states that the non-dimensional flow force constant of a solution is bounded by the corresponding constants of the supercritical and subcritical uniform streams respectively. These inequalities determine a parameter region that covers all steady motions. In fact not all points of the region determine a steady wave. In this note we prove a new and explicit lower bound for the flow force constant, which is asymptotically sharp in a certain sense. In particular, this recovers the well known inequality F < 2 for the Froude number, while significantly reducing the parameter region supporting steady waves.