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The USDA Grain Transportation Report reviews 2022 grain export logistics, noting that 55 percent of US grain export shipments left through the Gulf, 26 percent through the Pacific Northwest, and 19 percent through other ports. It also covers a February 6 Federal Maritime Commission ruling that ocean carriers cannot require specific chassis providers.
Routine transport data shows how export routing and barge, rail and ocean capacity shape basis and freight costs for feed grains. The chassis ruling could ease container delays, a modest supportive factor for export logistics.
doi.orgFeb 23, 2023After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
