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USDA published its Grain Transportation Report dated November 2, 2017. The page excerpt shows only the title and a list of topics, with no transport data.
The excerpt contains no usable data on barge, rail or ocean freight conditions, so it has no clear price implication.
doi.orgNov 2, 2017Not 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.
