# UP: Grain Products

> Union Pacific will raise rail rates from September 1, 2024 on soybean meal, DDGS, gluten, vegetable oil and miscellaneous feed shipments. Increases range from $250 to $350 per car, with extra percentages for large covered hoppers and tanks.

- Date: 2024-06-03 · published 2024-06-03T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/29902-up-grain-products
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher rail freight costs widen the gap between origin and destination prices for these feed products. This can weigh on farm-gate and FOB values for US meal and DDGS.

## Read by commodity

- SBM: neutral
- SBO: neutral
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2017-03-02 | [Market Perspectives March 2, 2017 - Page 9 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/71885-market-perspectives-march-2-2017-page-9-of-10-u-s-grains-and-bioproducts-council.md) | -2.6% | -5.8% |
| SBM | 2020-12-03 | [Market Perspectives – December 3, 2020 - Page 9 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/49550-market-perspectives-december-3-2020-page-9-of-10-u-s-grains-and-bioproducts.md) | -1.3% | +11.5% |
| SBM | 2016-11-17 | [Market Perspectives November 17, 2016 - Page 9 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/73778-market-perspectives-november-17-2016-page-9-of-10-u-s-grains-and-bioproducts.md) | +2.6% | +1.8% |
| SBM | 2022-12-02 | [US Senate approves legislation preventing rail strike \| World Grain](https://feedsoft.ai/events/38256-us-senate-approves-legislation-preventing-rail-strike-world-grain.md) | +10.1% | +12.6% |
| SBM | 2026-04-25 | [Argentina truckers end protest at Quequen grain port \| Reuters](https://feedsoft.ai/events/13799-argentina-truckers-end-protest-at-quequen-grain-port-reuters.md) | -0.0% | +4.0% |
| SBO | 2026-09-08 | [Grain exports flow again as Argentina reaches deal with striking pilots \| World Ports Organization](https://feedsoft.ai/events/17500-grain-exports-flow-again-as-argentina-reaches-deal-with-striking-pilots-world.md) | +0.7% | +0.1% |
| SBO | 2026-10-29 | [Vegetable Oils Get Priority: Can Ukraine Accelerate Exports Without Full Sea Access?](https://feedsoft.ai/events/1382-vegetable-oils-get-priority-can-ukraine-accelerate-exports-without-full-sea.md) | -0.8% | — |
| SBO | 2023-03-30 | [Sunflower prices in Ukraine are recovering after falling to the lowest level of the season](https://feedsoft.ai/events/36978-sunflower-prices-in-ukraine-are-recovering-after-falling-to-the-lowest-level-of.md) | +1.8% | -4.8% |

## Sources

- up.com: https://www.up.com/customers/announcements/bulk/grainproducts/BU2024-25.html

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