# Grain Transportation Report, November 30, 2023

> USDA's Grain Transportation Report says the Panama Canal authority will offer an extra Panamax transit slot by auction, with slots potentially selling for $2-4 million. It also notes U.S. diesel prices fell for a fifth consecutive week to $4.146 per gallon.

- Date: 2023-11-30 · published 2023-11-30T12:00:00.000Z
- Category: logistics · region Panama Canal · magnitude medium
- Page: https://feedsoft.ai/events/33061-grain-transportation-report-november-30-2023
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Canal auction costs and diversions via Suez raise Gulf-to-Asia grain freight, which can narrow US export competitiveness and lift freight-linked prices, while cheaper diesel eases hauling costs.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-11-02 | [Grain Transportation Report, November 2, 2023](https://feedsoft.ai/events/14801-grain-transportation-report-november-2-2023.md) | -6.2% | -1.7% |
| DIESEL | 2022-12-22 | [Grain Transportation Report, December 22, 2022](https://feedsoft.ai/events/8473-grain-transportation-report-december-22-2022.md) | +5.4% | +13.3% |
| DIESEL | 2024-09-12 | [Grain Transportation Report, September 12, 2024](https://feedsoft.ai/events/16506-grain-transportation-report-september-12-2024.md) | +2.4% | +9.1% |
| DIESEL | 2024-03-14 | [Grain Transportation Report, March 14, 2024](https://feedsoft.ai/events/31091-grain-transportation-report-march-14-2024.md) | -0.1% | -1.2% |
| DIESEL | 2025-08-21 | [Grain Transportation Report, August 21, 2025](https://feedsoft.ai/events/16433-grain-transportation-report-august-21-2025.md) | +0.4% | +2.7% |
| CORN | 2023-12-21 | [Grain Transportation Report, December 21, 2023](https://feedsoft.ai/events/32731-grain-transportation-report-december-21-2023.md) | +3.0% | -1.6% |
| CORN | 2023-10-19 | [Grain Transportation Report, October 19, 2023](https://feedsoft.ai/events/16592-grain-transportation-report-october-19-2023.md) | +1.0% | -2.6% |
| CORN | 2023-06-29 | [Grain Transportation Report, July 27, 2023](https://feedsoft.ai/events/16617-grain-transportation-report-july-27-2023.md) | -2.5% | +2.0% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.11-30-2023

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