U.S. grain exports sink as Gulf terminals struggle to recover from Ida

After 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.

• Sep 1, 2021More Grain Terminals Found Damaged By Ida, Exports May Stall for Weeks - AgWeb-2.2%
• Sep 20, 2021Ida, Nicholas Temporarily Halt Grain Exports From Lower Mississippi River - The Waterways Journal+0.1%
• Dec 5, 2017Wooden Dams And River Jams Strain US Grain Exports-1.6%
• Sep 30, 2022Low River Levels, Soaring Barge Freight Curb U.S. Grain Exports-3.7%
• Oct 3, 2021Barge rates soar as logistics struggle to recover - High Plains Journal-0.3%

After 359 past bearish logistics events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -1.5% to +1.5%), and -0.5% over 20.

• Sep 1, 2021More Grain Terminals Found Damaged By Ida, Exports May Stall for Weeks - AgWeb-5.3%
• Feb 13, 2024Ukraine on track to export all 2023 grain, says Britain | Reuters+0.2%
• Sep 20, 2021Ida, Nicholas Temporarily Halt Grain Exports From Lower Mississippi River - The Waterways Journal-4.3%
• Dec 5, 2017Wooden Dams And River Jams Strain US Grain Exports+2.8%
• Sep 30, 2022Low River Levels, Soaring Barge Freight Curb U.S. Grain Exports+1.0%