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For the week ending December 5, unshipped corn, soybean and wheat balances for 2024/25 totaled 41.28 million tonnes, and railcar grain loadings rose 31 percent week over week. Canadian Pacific Kansas City completed a new rail bridge at Laredo, Texas, the top U.S. grain crossing to Mexico, where it adds capacity to the single existing bridge.
Expanded rail capacity into Mexico should ease corn movement bottlenecks and support U.S. corn export flows, while lower railcar bids reflect softer rail demand.
doi.orgDec 19, 2024After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% 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.
