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The Q3 U.S. Bank Freight Payment Index shows its shipment volume index at 75.4, up 0.4% from Q2 and 0.5% year on year. Freight spending continued to rise even though volumes were sluggish.
Flat volumes with rising spending point to firm US trucking rates, which raise the cost of moving feed ingredients domestically. The effect on grain and feed prices is modest.
logisticsmgmt.comJeff BermanNov 2, 2026Not 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.
