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The USDA Grain Transportation Report for the week ending November 22 showed 31,058 grain carloads originated, up 8 percent year over year, and shuttle secondary railcar bids averaged $563 per car above tariff. BNSF petitioned the STB on November 28 to revisit merger conditions imposed on Union Pacific after its 1996 merger with Southern Pacific.
Strong rail car demand and elevated secondary car bids raise shipping costs for grain buyers, while the BNSF petition could shape future rail competition for grain shippers.
doi.orgDec 4, 2025After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
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.
