# Understanding corn and soybean transportation costs in Q3 2023 | Feed & Grain

> USDA data showed U.S. Gulf corn and soybean transportation costs rose 22% quarter over quarter in Q3 2023, driven by a 104% jump in barge rates. Pacific Northwest route costs declined slightly over the same period.

- Date: 2024-01-08 · published 2024-01-08T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16571-understanding-corn-and-soybean-transportation-costs-in-q3-2023-feed-and-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Higher Gulf freight costs compress farm-gate values and shift export competitiveness toward PNW routes, which affects corn and soybean basis and feed grain delivered costs.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-03-14 | [US grain transportation costs to Mexico show mixed trends in Q4 2024 \| Feed & Grain](https://feedsoft.ai/events/16467-us-grain-transportation-costs-to-mexico-show-mixed-trends-in-q4-2024-feed-and.md) | +6.8% | +5.7% |
| CORN | 2026-05-08 | [Grain transportation demand strong despite fuel costs \| Feed & Grain](https://feedsoft.ai/events/16365-grain-transportation-demand-strong-despite-fuel-costs-feed-and-grain.md) | +1.3% | -3.8% |
| CORN | 2026-05-22 | [Grain transport costs to Mexico rise in Q1 \| Feed & Grain](https://feedsoft.ai/events/16361-grain-transport-costs-to-mexico-rise-in-q1-feed-and-grain.md) | -2.2% | -8.0% |
| CORN | 2023-06-29 | [Grain Transportation Report, July 27, 2023](https://feedsoft.ai/events/16617-grain-transportation-report-july-27-2023.md) | -2.5% | +2.0% |
| CORN | 2025-02-20 | [Grain Transportation Report, February 20, 2025](https://feedsoft.ai/events/26235-grain-transportation-report-february-20-2025.md) | -5.1% | -2.4% |
| SOY | 2026-05-22 | [Grain transport costs to Mexico rise in Q1 \| Feed & Grain](https://feedsoft.ai/events/16361-grain-transport-costs-to-mexico-rise-in-q1-feed-and-grain.md) | -0.8% | -5.6% |
| SOY | 2026-09-10 | [Soybean Shipping Costs Rise for US Exporters \| Feed & Grain](https://feedsoft.ai/events/17636-soybean-shipping-costs-rise-for-us-exporters-feed-and-grain.md) | +0.3% | -2.9% |
| SOY | 2023-04-13 | [Grain Transportation Report, April 13, 2023](https://feedsoft.ai/events/14853-grain-transportation-report-april-13-2023.md) | +0.1% | -4.5% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-supply-chain/transportation/news/15661458/understanding-corn-and-soybean-transportation-costs-in-q3-2023

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