# Grain Transportation Report, May 18, 2023

> The USDA Grain Transportation Report for May 18, 2023 shows US wheat transportation costs to Japan fell quarter to quarter and year to year. Lower ocean freight and trucking rates drove the decline, along with lower farm values. Export volumes to Japan rose quarter to quarter but fell year to year.

- Date: 2023-05-18 · published 2023-05-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/35835-grain-transportation-report-may-18-2023
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower freight and landed costs make US wheat more competitive in Asian markets, modestly supporting export demand and wheat prices.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-03-22 | [Grain Transportation Report, March 22, 2018](https://feedsoft.ai/events/65889-grain-transportation-report-march-22-2018.md) | +0.1% | +4.9% |
| WHEAT | 2021-03-04 | [Grain Transportation Report, March 4, 2021](https://feedsoft.ai/events/48010-grain-transportation-report-march-4-2021.md) | -2.3% | -2.6% |
| WHEAT | 2023-11-23 | [Grain Transportation Report, November 23, 2023](https://feedsoft.ai/events/33366-grain-transportation-report-november-23-2023.md) | -0.0% | -1.1% |
| WHEAT | 2024-06-13 | [Grain Transportation Report, June 13, 2024](https://feedsoft.ai/events/29951-grain-transportation-report-june-13-2024.md) | -2.1% | -3.6% |
| WHEAT | 2023-12-28 | [Grain Transportation Report, December 28, 2023](https://feedsoft.ai/events/16577-grain-transportation-report-december-28-2023.md) | +2.2% | +0.7% |
| KWHEAT | 2025-08-19 | [Grain Journal \| 2025 Grain Quality Report](https://feedsoft.ai/events/23391-grain-journal-2025-grain-quality-report.md) | -1.9% | +3.4% |
| KWHEAT | 2016-11-10 | [Wheat \| World-grain.com \| November 10, 2016 20:14 \| World Grain](https://feedsoft.ai/events/73889-wheat-world-grain-com-november-10-2016-20-14-world-grain.md) | -0.4% | -3.6% |
| KWHEAT | 2018-02-23 | [USDA sees mixed crop forecasts in 2018 \| World-grain.com \| February 23, 2018 15:54 \| World Grain](https://feedsoft.ai/events/66354-usda-sees-mixed-crop-forecasts-in-2018-world-grain-com-february-23-2018-15-54.md) | +12.8% | +0.1% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.05-18-2023

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