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Rail remains operating normally during COVID-19, keeping US corn and sorghum moving by southern rail to Mexico, which relies on rail for corn deliveries. Shuttle trains of 75 to 110 covered hopper cars carry grain from origin to Mexico.
Uninterrupted rail movement supports steady US corn and sorghum export flows to Mexico, which limits logistics-driven upward pressure on prices.
grains.orgApr 9, 2020After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
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.
