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The April 17, 2025 Grain Transportation Report notes CN's U.S. network hit an all-time weekly high of 2,384 grain carloads for the week ending April 5, as rail substituted for disrupted barge traffic. Upper Ohio River docks began reopening, while a Smithland Lock mechanical problem halted tows on the lower Ohio.
Barge disruptions are pushing grain onto rail, which supports rail demand and freight rates, while lock outages extend delays that widen Gulf-linked basis.
doi.orgApr 17, 2025Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% 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.
