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A USDA Grain Transportation Report covering barge, rail and truck grain movement indicators was published. The text is largely indicator definitions and an industry convention notice, with little new data on prices or volumes.
Routine transportation data shows the state of grain movement and freight costs, but this excerpt carries no clear new supply or price signal.
doi.orgApr 1, 2021Not enough comparable past events yet for a historical read.
After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
