# Grain Transportation Report, March 21, 2024

> The USDA weekly report showed unshipped wheat, corn and soybean export balances for 2023/24 at 28.13 mmt, up 16% year on year. Net corn export sales rose to 1.28 mmt, while soybean sales were 0.38 mmt and wheat sales 0.08 mmt, both down sharply on the week.

- Date: 2024-03-21 · published 2024-03-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/16559-grain-transportation-report-march-21-2024
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stronger corn export commitments support corn demand, while weak soybean and wheat sales weigh on those prices in the near term.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-04 | [Grain Transportation Report, March 4, 2021](https://feedsoft.ai/events/48010-grain-transportation-report-march-4-2021.md) | +3.9% | +7.2% |
| CORN | 2025-03-13 | [Grain Transportation Report, March 13, 2025](https://feedsoft.ai/events/16463-grain-transportation-report-march-13-2025.md) | +6.5% | +5.2% |
| CORN | 2025-07-24 | [Grain Transportation Report, July 24, 2025](https://feedsoft.ai/events/16932-grain-transportation-report-july-24-2025.md) | +1.0% | -1.0% |
| CORN | 2024-01-25 | [Grain Transportation Report, January 25, 2024](https://feedsoft.ai/events/16572-grain-transportation-report-january-25-2024.md) | -0.8% | -6.4% |
| CORN | 2023-04-06 | [Grain Transportation Report, April 6, 2023](https://feedsoft.ai/events/36392-grain-transportation-report-april-6-2023.md) | -0.4% | -2.0% |
| SOY | 2025-03-06 | [Grain Transportation Report, March 6, 2025](https://feedsoft.ai/events/16962-grain-transportation-report-march-6-2025.md) | -1.0% | +3.2% |
| SOY | 2025-03-13 | [Grain Transportation Report, March 13, 2025](https://feedsoft.ai/events/16463-grain-transportation-report-march-13-2025.md) | +2.1% | +2.6% |
| SOY | 2018-03-22 | [Grain Transportation Report, March 22, 2018](https://feedsoft.ai/events/65889-grain-transportation-report-march-22-2018.md) | -1.1% | +0.7% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.03-21-2024

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