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USDA's Grain Transportation Report shows Q2 2022 grain inspections at US ports totaled 29.4 million tonnes, down 11% year on year. Pacific Northwest inspections fell 37%, and barge movements on the Mississippi to the Gulf fell 19%.
Weaker barge and export volumes reduce demand for barge freight on the Mississippi and signal softer US grain export flows.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.