WEEKLY GRAIN MOVEMENT: Gulf needs corn, processors do not

After 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.

• Feb 28, 2017WEEKLY GRAIN MOVEMENT: Rail problems in the PNW support Gulf corn bids+0.9%
• May 2, 2017Weekly Grain Movement – May 2, 2017 | Farm Progress-0.6%
• Feb 6, 2017Weekly Grain Movement – Feb. 6, 2017-0.0%
• May 9, 2017WEEKLY GRAIN MOVEMENT: High water, closed rives halt barge movement+0.6%
• Oct 12, 2022Possible Rail Strike Complicates Northern Plains Grain Movement | Red River Farm Network+1.9%

Not enough comparable past events yet for a historical read.

After 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.

• May 30, 2017Weekly Grain Movement - May 30, 2017-0.5%
• Mar 6, 2017Weekly Grain Movement – March 6, 2017-3.0%
• Jun 7, 2017WEEKLY GRAIN MOVEMENT: River market improves as water levels drop+1.0%
• May 30, 2017WEEKLY GRAIN MOVEMENT: Rising water slows Mississippi River shipping-0.5%
• Feb 19, 2025Contract Agreement Likely In The Next Few Weeks-0.7%