Loading…
University of Minnesota researchers are studying how ethanol growth and livestock expansion are changing grain freight in the state. Corn is increasingly staying in Minnesota, with trucking moving grain to local elevators, feedlots and ethanol plants.
Growing in-state corn demand from ethanol and livestock reduces the volume leaving for export, which can support local corn basis while altering freight patterns.
cts.umn.eduDec 10, 2017After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% 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.
