NASHVILLE, Tenn. (RFD NEWS) — U.S. corn and soybean export economics shifted noticeably in the third quarter of 2025 as transportation costs rose from the previous quarter but remained lower than a year earlier, underscoring how logistics — not farm prices alone — continue to shape export competitiveness.
From the second to the third quarter, transportation costs from Minneapolis to Japan increased for both corn and soybeans through the U.S. Gulf and Pacific Northwest. The quarter-to-quarter rise was driven primarily by higher ocean freight rates, reflecting strong global bulk demand, seasonal shipping patterns, and temporary logistical constraints. Gulf-route transportation costs jumped 14 percent for both crops, fueled by an 18 percent increase in barge rates and a 17 percent rise in ocean freight, partially offset by slightly lower trucking costs.
Despite higher freight costs, total landed costs were cushioned by weaker farm values. Corn farm prices fell nearly 12 percent quarter to quarter, while soybean values declined about 3 percent. As a result, total landed costs through the Gulf fell 3 percent for corn and rose just 1 percent for soybeans.
Year over year, the picture was more favorable. Transportation costs declined modestly on both routes as truck, rail, and ocean freight rates eased. Total landed costs fell for both commodities, particularly soybeans, improving U.S. export competitiveness.
Inspection data confirmed strong Gulf export flows, while Pacific Northwest corn shipments surged on Asian demand. USDA projects corn exports will rise in 2025/26, while soybean exports are expected to decline.
Farm-Level Takeaway: Freight volatility increasingly determines export margins, making logistics costs as important as price in marketing decisions.
Tony St. James, RFD NEWS Markets Specialist
Experts say flooding the zone with more money could have unintented consequences without opening new markets for planted crops and inputs under significant pressure.
December 11, 2025 12:25 PM
·
Julie Callahan was nominated earlier this summer by President Donald Trump, and U.S. Trade Representative Jamieson Greer told lawmakers she is ready to hit the ground running.
December 11, 2025 11:35 AM
·
A permanent national E15 standard would boost corn demand, lower fuel costs, and provide a stable path for U.S. energy security.
December 11, 2025 07:00 AM
·
Outdated reporting thresholds reduce cash-market visibility and increase the urgency of comprehensive Mandatory Price Reporting reform.
December 10, 2025 07:00 PM
·
American Soybean Association President Caleb Ragland shares the soybean sector outlook following the announcement of farm aid to offset losses for U.S. row crop growers.
December 10, 2025 11:33 AM
·
Stable U.S. fundamentals continue for major crops, but global adjustments in corn, soybeans, wheat, and cotton may influence early-2026 pricing.
December 10, 2025 10:31 AM
·
Corn and wheat exports continue to outperform last year, while soybeans show steady but subdued movement compared to 2024.
December 09, 2025 12:14 PM
·
Tariff relief and new trade agreements may temper food costs by reducing import costs.
December 09, 2025 11:55 AM
·
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
December 09, 2025 11:41 AM
·
