Cost of shipping US grain to Mexico falls

saw their cost fall due to lower transportation costs and/or lower farmland values. U.S. grain is transported to Mexico either by land across the border or by sea to Mexican ports for onward transportation. Transportation costs include general transportation costs (truck, rail, ocean) and farmland values. In the first quarter of 2025, the waterborne corn price was $237.75 per ton, up from $228.45 per ton in the same quarter a year earlier. The landborne corn price was $243.87 per ton in the first quarter of 2025, down from $246.03 per ton a year earlier. In the most recent quarter, the waterborne soybean price was $439.10 per ton, down from $508.10 per ton a year earlier. The landborne price was $435.19 per ton, down from $510.70 per ton in the first quarter of 2024. In the first quarter, the waterborne wheat price was $260.58 per ton, down from $280.75 a year earlier. Inland wheat was $247.61, down from $267.70 a year earlier. Year-over-year, U.S. exports to Mexico were down 8% ...