# US-Mexico rail delays hit farm sector ahead of possible ports strike

> Rail backlogs are disrupting US export trade across the US-Mexico border. Nearly 200 agriculture groups warned the White House that a possible East and Gulf Coast port strike starting Tuesday would worsen the problems. The letter was sent on Friday.

- Date: 2024-09-27 · published 2024-09-27T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/28346-us-mexico-rail-delays-hit-farm-sector-ahead-of-possible-ports-strike
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Slower rail movement and possible port stoppages limit US grain and soybean loadings, which can weigh on US cash bids while raising freight costs for exporters. A port strike would further disrupt flows to export markets.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-09-13 | [Norfolk to Halt Bulk Rail Shipments From Thursday Ahead of Possible Strike (NSC) - Bloomberg](https://feedsoft.ai/events/39625-norfolk-to-halt-bulk-rail-shipments-from-thursday-ahead-of-possible-strike-nsc.md) | -2.9% | -2.1% |
| CORN | 2017-02-10 | [Winter Weather Delays Grain Movement to US Ports](https://feedsoft.ai/events/72399-winter-weather-delays-grain-movement-to-us-ports.md) | +0.6% | -1.5% |
| CORN | 2020-01-10 | [New Studies Detail Impacts Of Possible Lock Closures - The Waterways Journal](https://feedsoft.ai/events/55272-new-studies-detail-impacts-of-possible-lock-closures-the-waterways-journal.md) | -1.0% | -0.7% |
| CORN | 2022-09-13 | [U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources](https://feedsoft.ai/events/39623-u-s-railways-to-halt-grain-shipments-ahead-of-potential-shutdown-agriculture.md) | -2.9% | -2.1% |
| CORN | 2023-10-01 | [Five more cargo ships head for Ukraine's Black Sea ports, deputy prime minister says \| Reuters](https://feedsoft.ai/events/14355-five-more-cargo-ships-head-for-ukraine-s-black-sea-ports-deputy-prime-minister.md) | +2.7% | +2.6% |
| SOY | 2022-09-13 | [Norfolk to Halt Bulk Rail Shipments From Thursday Ahead of Possible Strike (NSC) - Bloomberg](https://feedsoft.ai/events/39625-norfolk-to-halt-bulk-rail-shipments-from-thursday-ahead-of-possible-strike-nsc.md) | -5.7% | -11.3% |
| SOY | 2024-11-01 | [Canada: Port of Montreal Labor Strike \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/27423-canada-port-of-montreal-labor-strike-usda-foreign-agricultural-service.md) | +3.4% | +0.7% |
| SOY | 2020-01-10 | [New Studies Detail Impacts Of Possible Lock Closures - The Waterways Journal](https://feedsoft.ai/events/55272-new-studies-detail-impacts-of-possible-lock-closures-the-waterways-journal.md) | -1.0% | -5.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-mexico-rail-delays-hit-farm-sector-ahead-possible-ports-strike-2024-09-27/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.