Ocean Freight Surge Threatens Gulf Grain Export Competitiveness

Not enough comparable past events yet for a historical read.

After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Oct 29, 2026High Freight Costs Pressure Record U.S. Grain Movement --1.5%
• Oct 1, 2025USDA Grain Stocks Report Surprises Corn and Wheat - RFD+1.4%
• May 13, 2020USDA forecasts intense competition on wheat, corn - Grain Central-0.3%
• Feb 6, 2024Ukraine grain exports on the rise | World Grain-1.7%
• Mar 9, 2017USDA raises U.S. stocks view as Brazil crop threatens exports - AgCanada+0.5%

After 788 past bearish report events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Sep 23, 2025Weekly Export Inspections Show Mixed Grain Movement as Mississippi River Levels Threaten Transport - RFD-0.0%
• Oct 29, 2026High Freight Costs Pressure Record U.S. Grain Movement --1.5%
• Mar 9, 2017USDA raises U.S. stocks view as Brazil crop threatens exports - AgCanada-1.3%
• Mar 9, 2018WASDE: Soybean Exports Reduced, Corn Increased – Lakeview Grains, LLC-1.2%
• May 25, 2024WASDE sees more soy exports, crush, supply, competition - High Plains Journal-5.1%