# Grain Transportation Report, April 18, 2019

> The USDA report says the rate to ship grain from the U.S. Gulf to Japan was $42.00 per metric ton as of April 11, 11 percent below the start of the year. First-quarter U.S. grain inspections for export fell 6 percent from last year, with corn and soybeans lower and wheat higher.

- Date: 2019-04-18 · published 2019-04-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/59495-grain-transportation-report-april-18-2019
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Low ocean freight and weaker export inspections for corn and soybeans point to soft export demand and cheap shipping, which weighs on U.S. export prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-04-21 | [Grain Transportation Report, April 21, 2022](https://feedsoft.ai/events/16719-grain-transportation-report-april-21-2022.md) | -1.2% | -4.8% |
| SOY | 2019-07-11 | [Grain Transportation Report, July 11, 2019](https://feedsoft.ai/events/58280-grain-transportation-report-july-11-2019.md) | -1.2% | -5.0% |
| SOY | 2018-03-22 | [Grain Transportation Report, March 22, 2018](https://feedsoft.ai/events/65889-grain-transportation-report-march-22-2018.md) | -1.1% | +0.7% |
| SOY | 2019-02-21 | [Grain Transportation Report, February 21, 2019](https://feedsoft.ai/events/60482-grain-transportation-report-february-21-2019.md) | +0.1% | +0.4% |
| SOY | 2023-05-11 | [Grain Transportation Report, May 11, 2023](https://feedsoft.ai/events/14842-grain-transportation-report-may-11-2023.md) | -6.9% | -5.1% |
| CORN | 2023-04-27 | [Grain Transportation Report, April 27, 2023](https://feedsoft.ai/events/16635-grain-transportation-report-april-27-2023.md) | -0.9% | -4.0% |
| CORN | 2022-04-21 | [Grain Transportation Report, April 21, 2022](https://feedsoft.ai/events/16719-grain-transportation-report-april-21-2022.md) | -1.5% | -3.5% |
| CORN | 2019-07-11 | [Grain Transportation Report, July 11, 2019](https://feedsoft.ai/events/58280-grain-transportation-report-july-11-2019.md) | +0.2% | -5.9% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.04-18-2019
- doi.org: https://doi.org/10.9752/ts057.04-18-2019

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