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Articles tagged under: USDA Grain Transportation Report

PNW Shipping Costs Decline From Quarter to Quarter

Published November 28, 2024

According to the USDA Grain Transportation Report, the cost to ship corn and soybeans from Minneapolis to Japan through the Pacific Northwest declined from the second quarter to the third. Lower rail and ocean freight rates were a factor for…
Latest NewsMarketsAg Business

PNW Shipping Costs are Rising

Published September 20, 2024

The cost of moving grain to the Pacific Northwest is up ten percent on a year-to-year basis for corn and soybeans. According to the USDA Grain Transportation Report, higher freight rates for trucking, rail and ocean shipping are up. In…
Latest NewsMarketsAg Business

Additional Soybean Crush to Impact Rail Sector

Published January 26, 2024

The railroad business will change due to the push toward renewable diesel fuel. According to the USDA Grain Transportation Report, an expansion of the soybean crush will likely result in more soybean meal exports and less focus on whole soybean…
Latest NewsMarketsAg Business

Evaluating Transportation Costs

Published January 4, 2024

Compared to one year ago, third quarter transportation costs for shipping corn and soybeans declined through the Pacific Northwest and the Gulf. The USDA Grain Transportation Report indicates these costs dropped from the second to third quarter through the PNW,…
Latest NewsMarkets

Grain Logistics Improve, Challenges Remain

Published January 27, 2023

After poor performance in 2022, rail service is improving with increased grain carloads and train speeds. However, the USDA Grain Transportation Report says the number of unfilled grain cars is record high. Barge rates and freight rates have fallen in…
Latest NewsMarketsAg Business

Difficult Year for Grain Shippers

Published December 30, 2022

According to the USDA Grain Transportation Report, service was an ongoing problem for grain shippers this past year. The number of unfilled grain car orders reached its highest level ever at the end of June at 17,200. At year end,…
Latest NewsMarketsAg Business

War Influencing Freight Rates

Published April 29, 2022

As of April 21, the rate for shipping grain from the Pacific Northwest to Japan was $44.75 per metric ton. That’s up more than 20 percent from last year. Higher energy costs are blamed for some of that increase. The…
Latest NewsMarketsAg Business

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