Loading…
Soy Transportation Coalition executive director Mike Steenhoek spoke at the Inland Marine Expo on agricultural transportation trends. He noted that about half of U.S. soybeans are exported, with one-quarter to one-third going to China.
He argued that farm transport relies on a long-standing waterway and rail legacy.
Heavy reliance on export transport and China demand makes soybean logistics sensitive to trade disruptions, which matter for soybean and meal prices. The article itself is a conference recap with no new event.
waterwaysjournal.netDavid MurrayJun 1, 2018After 230 past neutral logistics events, Soybeans moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.0%), 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.
