Grain Transportation Overview By Sector: 2/8/18

This article has been reprinted from the Feb. 8 USDA Grain Transportation Report.

Export Sales

For the week ending January 25, unshipped balances of wheat, corn, and soybeans totaled 33.9 mmt; down 13 percent from the same time last year. 

Net weekly wheat export sales were .289 mmt, down 32 percent from the previous week. 

Net corn export sales were 1.85 mmt; up 28 from the previous week. 

Net soybean export sales were .359 mmt for the same period; down 42 percent from the previous week.

Rail

U.S. Class I railroads originated 22,538 grain carloads for the week ending January 27,;down 3 percent from the previous week, down 1 percent from last year, and down 2 percent from the 3-year average.

Average February shuttle secondary railcar bids/offers per car were $66 above tariff for the week ending February 1; down $129 from last week, and $1,051 lower than last year. 

Average non-shuttle secondary railcar bids/offers were $19 above tariff; $231 lower than last year. 

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

Barge

For the week ending February 3, barge grain movements totaled 664,089 tons; 25 percent higher than the previous week and down 10 percent from the same period last year.

For the week ending February 3, 409 grain barges moved down river, up 28 percent from last week. 

There were 914 grain barges unloaded in New Orleans; 17 percent higher than the previous week.

Ocean

For the week ending February 1, 40 ocean-going grain vessels were loaded in the Gulf, 15 percent less than the same period last year.

Sixty-two vessels are expected to be loaded within the next 10 days, 5 percent less than the same period last year.

For the week ending February 1, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $44.25 per metric ton; 1 percent less than the previous week. 

The cost of shipping from the PNW to Japan was $24.50 per metric ton; 2 percent less than the previous week.

Fuel

During the week ending February 5, average diesel fuel prices increased 2 cents from previous week at $3.09 per gallon; 53 cents higher than the same week last year