1236 ET - Winter wheat shipped by rail costs less than it did last month, the USDA says. In its weekly Grain Transportation Report the rail tariff rate sank for hard red winter wheat sent to ports in Texas. BNSF Railway and Union Pacific both brought their rates down, BNSF by $500 per railcar and UP by $400 per car. The USDA says that the cost to transport winter wheat on these railways is down by as much as 16% from the previous year. CBOT wheat futures are up 0.6% in afternoon trading. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
June 05, 2025 12:37 ET (16:37 GMT)
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