
Feed & Grain reports strong first-quarter 2025 grain transportation demand driven by record corn exports of 17.6 million metric tons from December 2024 through February 2025. Barge shipments rose 5% year on year, and the St. Louis barge rate reached $16.80 per ton, 36% above the previous year.
Record corn exports and elevated barge rates signal firm export demand and higher freight costs that support corn prices while squeezing interior basis.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% 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.