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The USDA Grain Transportation Report for December 30, 2021 summarizes 2021 agricultural transport. Year-to-date grain export inspections were about 137 million metric tons, unchanged from 2020, with corn up 31%, wheat down 10%, and soybeans down 19%.
The report also covers 2021 research projects on rail, barge, and container logistics.
Corn export inspections running sharply higher point to strong foreign demand for U.S. corn, while weaker soybean and wheat shipments suggest softer export pull on those crops. The mix shifts export competition between crops.
doi.orgDec 1, 2021After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
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.
