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Transportation pressure is building across farm freight channels, with the Surface Transportation Board approving a Green Eagle Railroad second rail crossing at Eagle Pass, Texas, to Mexico, contingent on Union Pacific and BNSF cooperation. The Jones Act waiver for fertilizer and energy cargoes was extended 90 days, and Southbound Panama Canal non-reserved waits reached 10.8 days.
Diesel eased to $5.351 per gallon but remained well above last year.
Canal congestion and elevated diesel costs raise the landed cost of grain and fertilizer exports, supporting export basis and freight-linked price spreads. Mixed barge and rail volumes add uncertainty to near-term Gulf and Mexico-bound soybean meal and corn flows.
rfdtv.comTony St. JamesMay 6, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.
After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), and +0.1% 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.
