Grain Transportation Overview By Sector: 8/24/17

This article is reprinted from the USDA's Aug. 24 Grain Transportation Report.

Export Sales

For the week ending August 10, unshipped balances of wheat, corn, and soybeans totaled 13.8 mmt, down 22 percent from the same
time last year. 

Net weekly wheat export sales were .634 mmt, up 37 percent from the previous week. 

Net corn export sales were .063 mmt, up 21 percent from the previous week, and net soybean export sales were .453 mmt, up significantly from the past week.

Rail

U.S. Class I railroads originated 17,913 grain carloads for the week ending August 19, down 6 percent from the previous week, down
28 percent from last year, and down 12 percent from the 3-year average.

Average September shuttle secondary railcar bids/offers per car were $54 below tariff for the week ending August 17, down $47 from last week, and $1,060 lower than last year. 

Average non-shuttle secondary railcar bids/offers per car were $16 below tariff, $66 lower than last year. 

There were no non-shuttle bids/offers last week.

Barge

For the week ending August 19, barge grain movements totaled 1,006,928 tons, 8 percent higher than the last week, and down 12
percent from the same period last year.

For the week ending August 19, 649 grain barges moved down river, up 7 percent from last week, 677 grain barges were unloaded
in New Orleans, up 13 percent from the previous week.

Ocean


For the week ending August 17, 35 ocean-going grain vessels were loaded in the Gulf, 10 percent less than the same period last year.
Fifty-two vessels are expected to be loaded within the next 10 days, 40 percent less than the same period last year.

For the week ending August 17, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $39 per metric ton,
unchanged from the previous week. 

The cost of shipping from the PNW to Japan was $20 per metric ton, unchanged from the previous week.

Fuel

During the week ending August 21, average diesel fuel prices remain unchanged from the previous week at $2.60 per gallon, 23 cents
above the same week last year.