Grain Transportation Overview by Sector: 9/13/18

This article has been reprinted from the Sept. 13 USDA Grain Transportation Report.

Export Sales

For the week ending August 30, unshipped balances of wheat, corn, and soybeans totaled 10.4 mmt, up 23 percent from the same time last year.

Net weekly wheat export sales were .380 mmt, down 8 percent from the previous week.

Net corn export sales were .030 mmt, down 83 percent from the previous week.

Net soybean export sales were .001 mmt, down significantly from the previous week due to the end of the marketing year.

Rail

U.S. Class I railroads originated 22,633 grain carloads for the week ending September 1, up 3 percent from the previous week, 24 percent from last year, and 11 percent from the 3-year average.

Average September shuttle secondary railcar bids/offers per car were $119 below tariff for the week ending September 6, down $108 from last week, and $248 lower than last year.

Average non-shuttle secondary railcar bids/offers per car were $250 above tariff, up $69 from last week.

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

Barge

For the week ending September 8, barge grain movements totaled 1,288,464 tons, 24 percent higher than the previous week and up 33 percent from the same period last year.

For the week ending September 8, 844 grain barges moved down river, 172 barges more than the previous week.

There were 722 grain barges unloaded in New Orleans, 1 barge less than the previous week.

Ocean

For the week ending September 6, 31 ocean-going grain vessels were loaded in the Gulf, unchanged from the same period last year.

Fifty-six vessels are expected to be loaded within the next 10 days, 22 percent more than the same period last year.

For the week ending September 6, the ocean freight rate for shipping bulk grain, from the Gulf to Japan, was $46.00 per metric ton, unchanged from the previous week.

The cost of shipping, from the PNW to Japan, was $25.00 per metric ton, unchanged from the previous week.

Fuel

For the week ending September 10, the U.S. average diesel fuel price increased 0.6 cents, from the previous week to $3.258 per gallon, 45.6 cents above the same week last year.