Shallowing-upward, decametre-scale, Palaeoproterozoic iron formation cycles in northern Wisconsin record the combined effects of tectonism and changing oceanographic conditions on a storm-dominated shelf. Cycles consist of a lower unit of laminated, Fe- and Si-rich chemical mudstone that is transitional into an upper unit dominated by trough cross-stratified chert grainstone. Grainstone lenses become progressively thicker upwards in cycles with the largest at cycle tops, where they are sharply overlain by a unit of slumped chemical mudstone. The cycles developed through progradation when offshore-directed storm currents transported chert sand intraclasts that were formed in nearshore settings into middle and distal shelf environments. Abrupt subsidence events, probably resulting from normal faulting associated with extensional tectonism, repeatedly terminated chert grainstone accumulation and may also have generated the slumped units at cycle boundaries. The episodic storm currents are also interpreted to have transported biologically oxygenated waters from the shallow-water, inner shelf into otherwise anoxic bottom waters of the strongly stratified distal shelf. The consequence of such transport and mixing was rapid deposition of chemical mud, mainly as precipitated Fe-oxide. In many cases, the resultant decrease in Fe2+ in the water column, together with pelagic inorganic precipitation of SiO2 and rainout of terrigenous clays, resulted in submillimetre- to millimetre-thick, chemically graded laminae. The concomitant decreasing Fe2+/Mn2+ ratio also led to increasing Mn-compound precipitation and enrichment in the upper portions of some chemically graded layers.