Grain Transportation Overview by Sector: 8/9/18

This article has been reprinted from the Aug. 9 USDA Grain Transportation Report.

Export Sales

For the week ending July 26, unshipped balances of wheat, corn, and soybeans totaled 18.6 mmt, up 14 percent from the same time last year.

Net weekly wheat export sales were .382 mmt, down 1 percent from the previous week.

Net corn export sales were .292 mmt, down 14 percent from the previous week.

Net soybean export sales were .094 mmt, down 76 percent from the previous week.

Rail

U.S. Class I railroads originated 24,247 grain carloads for the week ending July 28, up 2 percent from the previous week, up 17 percent from last year, and up 8 percent from the 3-year average.

Average August shuttle secondary railcar bids/offers per car were $171 below tariff, for the week ending August 2, up $4 from last week, and $17 below last year.

Average non-shuttle secondary railcar bids/offers per car were $182 above tariff, up $332 from last year.

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

Barge

For the week ending August 4, barge grain movements totaled 809,963 tons, 11 percent lower than the previous week and down 5 percent from the same period last year.

For the week ending August 4, 506 grain barges moved down river, 83 barges less than the previous week.

There were 731 grain barges unloaded in New Orleans, 23 percent lower than the previous week.

Ocean

For the week ending August 2, 29 ocean-going grain vessels were loaded in the Gulf, 22 percent less than the same period last year.

Forty-six vessels are expected to be loaded within the next 10 days, unchanged from the same period last year.

For the week ending August 2, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $43.75 per metric ton, down 1 percent from the previous week.

The cost of shipping from the PNW to Japan was $24.25 per metric ton, down 2 percent from the previous week.

Fuel

For the week ending August 6, the U.S. average diesel fuel price decreased 0.3 cents from the previous week to $3.223 per gallon, 64.2 cents above the same week last year.