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RFD-TV reports ocean freight rates for grain to Japan reached their highest in nearly four years, with Gulf-to-Japan at $72 per metric ton for the week ending May 14. Rail grain movement softened but stayed above last year, and barge movement improved but remained below last year.
Diesel was $5.596 per gallon, $2.06 above last year.
Rising freight and diesel costs increase delivered costs for feed grains and push export logistics expenses higher, supporting basis and freight-linked prices.
rfdtv.comTony St. JamesMay 24, 2026Not enough comparable past events yet for a historical read.
After 113 past bullish logistics events, DIESEL moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% 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.
