
U.S. Class I railroads originated more than 30,700 grain carloads in the week ending December 6, up 20 percent week over week, while barge grain movements rose 62 percent to nearly 888,000 tons. Diesel prices fell nearly six cents per gallon, and ocean freight rates to Japan edged lower.
Stronger rail and barge flows ease logistics bottlenecks and lower fuel costs trim transport expenses. Lower diesel and ocean freight reduce the cost of moving grain to export markets.
After 18 past bearish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (56% higher; middle half -1.5% to +3.3%), 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.