LUBBOCK, TX (RFD NEWS) — Shipping U.S. grain to Mexico became more expensive in the first quarter, but export volumes held mostly steady. USDA says landed costs rose from the previous quarter for corn, soybeans, and wheat moving to Mexico by both water and land routes.
Water-route costs increased because barge and truck rates moved higher. USDA says winter weather, ice, and low water on the Mississippi River system helped push barge rates higher from late January into early March.
Ocean freight was mixed quarter-to-quarter but higher year-over-year, supported by strong dry bulk movement and higher bunker fuel prices. Land-route transportation costs eased for soybeans and wheat, while corn rose slightly.
Mexico remained a major buyer. First-quarter U.S. corn exports to Mexico totaled 6.07 million metric tons, up 8 percent from a year ago, while soybeans slipped 5 percent and wheat rose 4 percent.
For producers, Mexico’s steady demand still depends on competitive freight.
Farm-Level Takeaway: Mexico remains a critical grain customer, but higher landed costs can affect U.S. competitiveness.
Tony St. James, RFD News Markets Specialist
Reliable waterways lower costs, protect export demand, and support long-term farm profitability.
January 29, 2026 06:00 AM
·
USDA Undersecretary for Trade and Foreign Agricultural Affairs Luke Lindberg joined us with a recap of the Malaysia trade mission and a look at USDA’s broader trade strategy moving forward.
January 28, 2026 01:49 PM
·
Mike Steenhoek of the Soy Transportation Coalition shares how extreme winter weather is affecting the ag transportation network and what producers should keep in mind as conditions slowly improve.
January 28, 2026 01:36 PM
·
Mixed product pricing and rising milk supplies suggest margin management will remain critical as 2026 unfolds.
January 28, 2026 06:00 AM
·
Corn and soybean exports continue to anchor weekly inspection totals, with China maintaining a visible role, while wheat and sorghum remain more dependent on regional and seasonal demand shifts.
January 27, 2026 03:08 PM
·
Rail continues to carry a larger share of the grain load, increasing sensitivity to rail capacity, labor, and pricing conditions.
January 27, 2026 11:55 AM
·