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Articles tagged under: PNW

Changing Export Demand Reshapes Grain Rail Traffic

Published February 3, 2026

BNSF Railway's Rachel Lemieux says shifting export demand created major challenges for grain transportation over the past year. Speaking at the Northern Corn and Soybean Expo, Lemieux said, “I think the biggest thing was just the lack of Chinese purchases…
Top StoriesLatest NewsAg BusinessCrops

Soybean Basis Drops Below Historical Averages Across U.S.

Published October 14, 2025

US Soybean farmers have faced a challenging year in 2025, and American Soybean Association Economist Jacquie Holland says that’s reflected in current basis levels, especially for farmers in the Northern Plains. "We're seeing basis levels for soybeans fall below historical…
Top StoriesAg BusinessCrops

Ocean Freight Rates Surge Higher

Published October 14, 2021

In the third quarter, ocean freight rates for bulk commodities, including grain, were at the highest level in 13 years. To ship grain from the Pacific Northwest to Japan, the rate was $44.56 per metric ton. That’s up 16 percent…
Top StoriesLatest NewsMarketsAg Business

Freight Rates Surge Higher

Published July 1, 2021

Ocean freight rates have exploded since the beginning of the year. The rate from the Pacific Northwest to Japan was $43 per metric ton in late June. That’s 76 percent more than at the start of the year and 110…
Top StoriesLatest NewsMarketsAg Business

Corn Basis Strengthens As Supplies Tighten in Northern Plains

Published April 16, 2021

Basis levels for nearby corn delivery are strengthening as corn supplies tighten. Van Ahn and Company market analyst Kristi Van Ahn says the PNW market is forcing ethanol plants to compete for corn. "We used to see ethanol plants be…
Top StoriesLatest NewsMarkets

China Could Be Buying Soybeans “Under the Radar”

Published January 1, 2019

China may be purchasing U.S. soybeans under the radar. Brock and Associates President Richard Brock explains it could be part of the strategy. "I think they'll start releasing the information on exports soon," says Brock. "The other thing we look…
Top StoriesLatest NewsCrops

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