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BNSF's first 2026/27 shuttle auction sold 35 shuttles for about $49 million, averaging roughly $1.4 million per train, with another auction set for March 18. US diesel rose to $4.859 per gallon for the week ending March 9, the largest weekly increase on record.
Higher rail auction premiums and record diesel increases raise grain shipping costs, which squeeze export margins and can lower farm-gate bids, particularly for shuttle-dependent corn and soybean exports.
allagnews.comTony St. JamesMar 17, 2026After 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.
Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% 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.
