# US reopens Mexico rail crossings after closure sought to stem migration

> The US reopened two rail crossings into Mexico on December 22, 2023, after closing them to curb migration. Grower groups estimated nearly 1 million bushels of grain exports were lost each day of the closure.

- Date: 2023-12-22 · published 2023-12-22T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/11281-us-reopens-mexico-rail-crossings-after-closure-sought-to-stem-migration
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Mexico is a major buyer of US corn, wheat and soybeans, so the reopening restores a key export outlet and eases pressure on US cash prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- RICE: bullish ▲
- WHEAT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2023-12-25 | 1 | +2.8% | 3.2 | Reopening of the Mexico rail crossings removed a demand and export disruption that had pressured corn, enabling a rebound. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-08-30 | [A US Freight Rail Crisis Threatens More Supply-Chain Chaos \| WIRED](https://feedsoft.ai/events/40073-a-us-freight-rail-crisis-threatens-more-supply-chain-chaos-wired.md) | -3.3% | -4.2% |
| CORN | 2022-03-03 | [Ocean rate spike could steer exports to US \| World Grain](https://feedsoft.ai/events/12925-ocean-rate-spike-could-steer-exports-to-us-world-grain.md) | -0.0% | +7.3% |
| CORN | 2017-01-25 | [Mexican corn molds after ships take Antarctic route to SA - Moneyweb](https://feedsoft.ai/events/72878-mexican-corn-molds-after-ships-take-antarctic-route-to-sa-moneyweb.md) | +1.0% | +1.9% |
| CORN | 2017-12-10 | [Evolving grain markets, supply chain affect transportation system \| Center for Transportation Studies](https://feedsoft.ai/events/67378-evolving-grain-markets-supply-chain-affect-transportation-system-center-for.md) | +4.7% | +5.7% |
| CORN | 2024-12-19 | [US grain exports are boosting demand for barge and rail transportation](https://feedsoft.ai/events/27130-us-grain-exports-are-boosting-demand-for-barge-and-rail-transportation.md) | +2.0% | +7.4% |
| WHEAT | 2024-08-26 | [Agriculture groups speak on rail disruption - Top Crop ManagerTop Crop Manager](https://feedsoft.ai/events/28904-agriculture-groups-speak-on-rail-disruption-top-crop-managertop-crop-manager.md) | +0.4% | +3.2% |
| WHEAT | 2024-07-23 | [Wheat Growers Urge Minister to Prevent Rail Strike - CAAR](https://feedsoft.ai/events/29276-wheat-growers-urge-minister-to-prevent-rail-strike-caar.md) | -5.2% | -6.8% |
| WHEAT | 2024-06-03 | [Minister O’Regan Can Resolve the Rail Strike Immediately - Wheat Growers Association](https://feedsoft.ai/events/29791-minister-o-regan-can-resolve-the-rail-strike-immediately-wheat-growers.md) | -5.6% | -12.3% |

## Sources

- reuters.com: https://www.reuters.com/world/americas/texas-mexico-international-rail-crossings-reopening-2023-12-22/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.