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USDA's January 16, 2025 Grain Transportation Report showed barged grain movements down 36% week over week to 452,340 tons, while rail grain carloads rose 6% week over week. Ocean vessel loadings and export sales also declined, and diesel rose 4.1 cents to $3.602 per gallon.
Weaker barge movements and fewer export sales point to softer near-term demand for Midwest corn and soybeans, while higher diesel adds to hauling costs.
feedandgrain.comFeed, Grain StaffJan 20, 2025Not enough comparable past events yet for a historical read.
After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 788 past bearish report events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% 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.
