# Grain Transportation Report, January 25, 2024

> USDA reported unshipped wheat, corn and soybean export balances for MY 2023/24 of 35.17 million tonnes, up 17% year over year. Net weekly corn, soybean and wheat export sales all rose sharply from the prior week. Iowa waived hours-of-service rules for fuel haulers through February 9 due to high fuel demand and icy roads.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/16572-grain-transportation-report-january-25-2024
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Strong export commitments support US grain prices, while the fuel-hauling waiver signals tight diesel supply that can raise transport costs for feed ingredients.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-01-30 | [Grain Transportation Report, January 30, 2020](https://feedsoft.ai/events/54976-grain-transportation-report-january-30-2020.md) | -1.1% | -2.9% |
| 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 | 2025-02-27 | [Grain Transportation Report, February 27, 2025](https://feedsoft.ai/events/16473-grain-transportation-report-february-27-2025.md) | -5.3% | -1.0% |
| CORN | 2024-03-21 | [Grain Transportation Report, March 21, 2024](https://feedsoft.ai/events/16559-grain-transportation-report-march-21-2024.md) | -3.0% | -7.2% |
| CORN | 2019-02-21 | [Grain Transportation Report, February 21, 2019](https://feedsoft.ai/events/60482-grain-transportation-report-february-21-2019.md) | -0.3% | +2.0% |
| SOY | 2025-07-24 | [Grain Transportation Report, July 24, 2025](https://feedsoft.ai/events/16932-grain-transportation-report-july-24-2025.md) | -3.8% | +0.9% |
| SOY | 2019-02-28 | [Grain Transportation Report, February 28, 2019](https://feedsoft.ai/events/60480-grain-transportation-report-february-28-2019.md) | -1.5% | -1.8% |
| SOY | 2021-03-04 | [Grain Transportation Report, March 4, 2021](https://feedsoft.ai/events/48010-grain-transportation-report-march-4-2021.md) | +0.1% | +1.8% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.01-25-2024

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