# Grain Transportation Report, March 16, 2023

> On March 15, 2023, the Surface Transportation Board approved the Canadian Pacific and Kansas City Southern merger with conditions, creating the first single-line rail service across Canada, the US and Mexico. The STB said the merger should facilitate grain flows from the Midwest to the Gulf Coast and Mexico. The report also noted 2022 barged grain tonnage finished 8 percent below the 5-year average.

- Date: 2023-03-16 · published 2023-03-16T12:00:00.000Z
- Category: logistics · region North America · magnitude medium
- Page: https://feedsoft.ai/events/16639-grain-transportation-report-march-16-2023
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Better rail connectivity to the Gulf and Mexico could ease grain movement and reduce logistics bottlenecks for feed buyers. The direct price effect is limited, but smoother flows support export competitiveness.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-05-16 | [Grain Transportation Report, May 16, 2019](https://feedsoft.ai/events/58978-grain-transportation-report-may-16-2019.md) | +4.0% | +9.8% |
| CORN | 2022-05-19 | [Grain Transportation Report, May 19, 2022](https://feedsoft.ai/events/41438-grain-transportation-report-may-19-2022.md) | -0.6% | -2.2% |
| CORN | 2024-05-30 | [Grain Transportation Report, May 30, 2024](https://feedsoft.ai/events/16541-grain-transportation-report-may-30-2024.md) | -4.0% | -5.1% |
| 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 | 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% |
| SOY | 2022-05-19 | [Grain Transportation Report, May 19, 2022](https://feedsoft.ai/events/41438-grain-transportation-report-may-19-2022.md) | +1.1% | +2.8% |
| 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 | 2023-06-29 | [Grain Transportation Report, July 27, 2023](https://feedsoft.ai/events/16617-grain-transportation-report-july-27-2023.md) | +5.2% | +5.6% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.03-16-2023

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