NASHVILLE, Tenn. (RFD NEWS) — Lower transportation costs are helping U.S. corn remain competitive in export markets, while soybean demand continues to face pressure from global competition. USDA data shows fourth-quarter shipping costs declined, supporting corn movement even as soybean exports weakened.
Transportation costs from the Midwest to Japan fell both quarter-to-quarter and year-over-year. Lower barge and truck rates drove much of the decline, offsetting slightly higher ocean freight costs. That helped reduce total landed costs for corn through both Gulf and Pacific Northwest routes.
Soybean costs moved in the opposite direction. Higher farm values pushed total landed costs slightly higher, despite similar transportation savings. That reduced competitiveness in global markets.
Export trends reflect the shift. Fourth-quarter corn exports rose sharply, supported by demand from Asia and Latin America. Soybean exports dropped significantly, driven by weaker demand from China and stronger competition from Brazil.
Looking ahead, USDA projects corn exports to rise this marketing year, while soybean exports are expected to decline.
Farm-Level Takeaway: Lower shipping costs favor corn, while soybeans face pressure.
Tony St. James, RFD NEWS Markets Specialist
According to November’s Cattle on Feed Report, Nebraska now leads the nation in cattle feeding as tighter supplies continue to reshape regional market power and long-term price dynamics.
November 24, 2025 11:47 AM
·
Higher rail tariffs and tighter Canadian supplies will keep oat transportation costs firm into 2026.
November 24, 2025 11:22 AM
·
Mike Steenhoek of the Soy Transportation Coalition discusses industry reactions to the proposed Union Pacific–Norfolk Southern merger, the Surface Transportation Board’s review process, and current conditions on the Mississippi River.
November 21, 2025 01:59 PM
·
Lower tariff rates and new rail-service proposals may improve corn movement efficiency during early-season marketing.
November 21, 2025 12:01 PM
·
Crop producers face tightening credit and lower incomes, while strong cattle markets continue to stabilize finances in livestock-heavy regions.
November 21, 2025 11:58 AM
·
Row crop losses in 2025 are outpacing last year. With no disaster aid yet approved, many operations face a tough financial bridge to 2026 even as Farm Bill improvements remain a year away.
November 20, 2025 05:00 PM
·