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The USDA weekly Grain Transportation Report for June 20, 2024 covers new grain storage at the Port of Howard/Cooper County on the Missouri River and the regional movement of wheat, corn and soybeans. It also includes rail, barge, truck, export and ocean transport indicators.
The weekly transport indicators give buyers a read on freight capacity and export flows that influence basis and barge freight pricing.
doi.orgJun 20, 2024Not enough comparable past events yet for a historical read.
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, Soybeans 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 (SRW) 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.
