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USDA's weekly Grain Transportation Report covers rail, barge, truck and ocean movements. Its highlights include Kansas City Southern de Mexico embargoing dried bean shipments at Laredo from November 11 over Mexican inspection delays.
Rail and inspection bottlenecks on the Mexico border slow US bean and pulse exports, which can widen local basis and add logistics costs for feed buyers.
doi.orgNov 14, 2024After 297 past bearish logistics events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.5% to +1.8%), and +0.7% 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.
