The USDA AMS Grain Transportation Report dated January 23, 2025 states that US Class I grain carloads reached 1.07 million in 2024, about 84,000 higher than 2023 and the largest year-over-year gain among AAR carload categories. Total rail carloads fell mainly because coal shipments dropped 13.6 percent.
Strong grain rail demand tightens railcar availability and supports shuttle rates, which can raise transport costs for feed buyers while coal weakness reflects softer rail capacity pressure elsewhere.
After 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, SOY 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 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.