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The Waterways Journal reports that covered barge demand is recovering as U.S. grain and soybean exports increase. USDA's August crop report raised the 2025-26 corn crop to a record above 16.7 billion bushels, which is driving export channels to forecast larger shipments.
A larger export program and a record corn crop mean more grain must move by barge and rail to the Gulf, supporting freight demand and barge rates. The strength of export demand is a bullish signal for grain basis at the Gulf.
waterwaysjournal.netKen EriksenAug 15, 2025Not enough comparable past events yet for a historical read.
After 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.
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.
