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The USDA Grain Transportation Report for April 24, 2025 covers USTR fees on Chinese-operated and Chinese-built vessels calling at U.S. ports, starting October 14, with fees rising over three years and exemptions for some empty or small bulk vessels. The fees were scaled back from an earlier proposal.
Port fees on Chinese-built ships could raise ocean freight costs for U.S. grain exports to China and other buyers, potentially weakening U.S. export competitiveness and Gulf basis.
doi.orgApr 24, 2025Not enough comparable past events yet for a historical read.
After 310 past bearish policy events, Corn moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% 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.
