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All Ag News reports that lower ocean freight rates in 2025 improved the competitiveness of US grain exports. Bulk freight for wheat, corn and soybeans fell from 2024 and the prior four-year average, with rates firming in the second half of the year but finishing lower.
Seasonal slowdowns, ample vessel supply and normalized Panama Canal operations weighed on early-year rates.
Lower freight costs help US exporters win business and support Gulf-linked basis levels. The effect is a modest support for export demand rather than a large price move.
allagnews.comTony St. JamesFeb 9, 2026After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.
After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.
After 283 past bullish logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.4% to +1.3%), 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.
