# Grain Transportation Report, July 28, 2022

> The USDA Grain Transportation Report shows St. Louis barge spot rates falling from 723% to 354% of the benchmark tariff between April and late June, and Upper Ohio rates also dropping. Weekly grain barge movements in Q2 2022 were lower than 2021 but followed the 5-year pattern. Ocean dry-bulk freight rates are still above the prior four-year average but have slid for three weeks on soft cargo demand.

- Date: 2022-07-28 · published 2022-07-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/16694-grain-transportation-report-july-28-2022
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower barge and ocean freight costs reduce the delivered cost of corn and soybeans to Gulf export and feed-mill locations, supporting basis and easing feed transport costs. Softer freight is mildly bearish for logistics-linked grain basis.

## Read by commodity

- SOY: neutral
- CORN: neutral
- BARGE: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-03 | [Grain Transportation Report, July 3, 2025](https://feedsoft.ai/events/16440-grain-transportation-report-july-3-2025.md) | -5.1% | -5.0% |
| CORN | 2021-07-01 | [Grain Transportation Report, July 15, 2021](https://feedsoft.ai/events/45953-grain-transportation-report-july-15-2021.md) | -2.9% | -12.5% |
| CORN | 2022-05-05 | [Grain Transportation Report, May 5, 2022](https://feedsoft.ai/events/41399-grain-transportation-report-may-5-2022.md) | +6.2% | +0.4% |
| CORN | 2024-06-20 | [Grain Transportation Report, June 20, 2024](https://feedsoft.ai/events/16537-grain-transportation-report-june-20-2024.md) | -6.0% | -9.5% |
| CORN | 2024-06-13 | [Grain Transportation Report, June 13, 2024](https://feedsoft.ai/events/29951-grain-transportation-report-june-13-2024.md) | -2.1% | -8.8% |
| SOY | 2025-07-03 | [Grain Transportation Report, July 3, 2025](https://feedsoft.ai/events/16440-grain-transportation-report-july-3-2025.md) | -3.6% | -8.4% |
| SOY | 2021-07-01 | [Grain Transportation Report, July 15, 2021](https://feedsoft.ai/events/45953-grain-transportation-report-july-15-2021.md) | -4.1% | -1.1% |
| SOY | 2024-06-20 | [Grain Transportation Report, June 20, 2024](https://feedsoft.ai/events/16537-grain-transportation-report-june-20-2024.md) | -1.0% | -6.4% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.07-28-2022

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