# Ag transportation costs ease, but issues linger – Illinois Business Journal

> Industry experts at the Grain and Feed Association of Illinois convention said transportation challenges should be fewer in 2023 than in 2022. Barge freight rates have eased from historic highs last fall, and trucking rates were about 8 percent lower as of February 21 than a year earlier. Higher interest rates were cited as a key cost challenge for grain handlers.

- Date: 2023-03-10 · published 2023-03-10T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/16641-ag-transportation-costs-ease-but-issues-linger-illinois-business-journal
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Lower freight costs improve grain handling margins and reduce delivered feed costs. Higher borrowing costs for inventory are a counterweight for elevators.

## Read by commodity

- BARGE: bearish ▼

## Sources

- ibjonline.com: https://www.ibjonline.com/2023/03/10/ag-transportation-costs-ease-but-issues-linger/

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