# Grain Transportation Report, July 27, 2023

> A new grain export transload facility opened at the Port of Milwaukee on July 18, mainly to ship distillers' dried grains with solubles to international markets. The U.S. average diesel price rose 9.9 cents to $3.905 per gallon in the week ending July 24, its largest weekly increase since October 2022.

- Date: 2023-06-29 · published 2023-06-29T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16617-grain-transportation-report-july-27-2023
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

The new Great Lakes DDGS outlet adds export capacity for Wisconsin ethanol byproducts, and higher diesel raises trucking and freight costs for feed movement.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- DDGS: bullish ▲
- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-01-19 | [Grain Transportation Report, January 19, 2023](https://feedsoft.ai/events/37805-grain-transportation-report-january-19-2023.md) | -1.4% | +0.1% |
| 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% |
| SOY | 2023-10-19 | [Grain Transportation Report, October 19, 2023](https://feedsoft.ai/events/16592-grain-transportation-report-october-19-2023.md) | -1.7% | +5.6% |
| SOY | 2023-12-21 | [Grain Transportation Report, December 21, 2023](https://feedsoft.ai/events/32731-grain-transportation-report-december-21-2023.md) | -0.2% | -6.4% |
| SOY | 2023-11-30 | [Grain Transportation Report, November 30, 2023](https://feedsoft.ai/events/33061-grain-transportation-report-november-30-2023.md) | -3.8% | -3.1% |
| CORN | 2024-07-18 | [Grain Transportation Report, July 18, 2024](https://feedsoft.ai/events/16525-grain-transportation-report-july-18-2024.md) | +2.4% | -0.9% |
| CORN | 2023-01-19 | [Grain Transportation Report, January 19, 2023](https://feedsoft.ai/events/37805-grain-transportation-report-january-19-2023.md) | -1.6% | -1.2% |
| CORN | 2023-10-19 | [Grain Transportation Report, October 19, 2023](https://feedsoft.ai/events/16592-grain-transportation-report-october-19-2023.md) | +1.0% | -2.6% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.06-29-2023
- doi.org: https://doi.org/10.9752/ts056.07-27-2023

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