# Grain Transportation Report, July 11, 2024

> The USDA Grain Transportation Report for July 11 notes container spot rates for US imports topped $7,472 per 40-foot box, driven by Asian port congestion. It also reports the US diesel average rose for four consecutive weeks to $3.865 per gallon.

- Date: 2024-07-11 · published 2024-07-11T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16528-grain-transportation-report-july-11-2024
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising diesel and container freight costs raise the cost of moving feed ingredients and grain, supporting higher delivered prices for feed buyers.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-06-29 | [Grain Transportation Report, July 27, 2023](https://feedsoft.ai/events/16617-grain-transportation-report-july-27-2023.md) | +2.9% | +20.3% |
| DIESEL | 2024-02-15 | [Grain Transportation Report, February 15, 2024](https://feedsoft.ai/events/16561-grain-transportation-report-february-15-2024.md) | -2.0% | -3.4% |
| DIESEL | 2025-05-15 | [Grain Transportation Report, May 15, 2025](https://feedsoft.ai/events/24844-grain-transportation-report-may-15-2025.md) | -3.0% | +0.2% |
| DIESEL | 2021-03-25 | [Grain Transportation Report, March 25, 2021](https://feedsoft.ai/events/10764-grain-transportation-report-march-25-2021.md) | -2.8% | +2.2% |
| DIESEL | 2022-02-24 | [Grain Transportation Report, February 24, 2022](https://feedsoft.ai/events/42888-grain-transportation-report-february-24-2022.md) | +25.9% | +47.7% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.07-11-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.