Grain Transportation Overview by Sector: 10/4/18

This article has been reprinted from the Oct. 4 USDA Grain Transportation Report.

Export Sales

For the week ending September 20, unshipped balances of wheat, corn, and soybeans totaled 36.1 mmt, up 8 percent from the same time last year.

Net weekly wheat export sales were .657 mmt, up 40 percent from the previous week.

Net corn export sales were 1.71 mmt, up 24 percent from the previous week.

Net soybean export sales were .871 mmt, down 5 percent from the past week.

Rail

U.S. Class I railroads originated 23,297 grain carloads for the week ending September 22, up 10 percent from the previous week, up 19 percent from last year, and up 3 percent from the 3-year average.

Average October shuttle secondary railcar bids/offers per car were $300 above tariff for the week ending September 27, up $267 from last week, and $15 higher than last year.

Average non-shuttle secondary railcar bids/offers per car were $141 above tariff, down $134 from last week, but $109 higher than last year.

Barge

For the week ending September 29, barge grain movements totaled 415,008 tons, 38 percent lower than the previous week and down 49 percent from the same period last year.

For the week ending September 29, 261 grain barges moved down river, 172 barges less than the previous week.

There were 758 grain barges unloaded in New Orleans, 2 percent higher than the previous week.

Ocean

For the week ending September 27, 32 ocean-going grain vessels were loaded in the Gulf, 24 percent less than the same period last year.

Sixty-three vessels are expected to be loaded within the next 10 days, 2 percent less than the same period last year.

For the week ending September 27 the ocean freight rate for shipping bulk grain, from the Gulf to Japan, was $47.25 per metric ton, 1 percent more than the previous week.

The cost of shipping, from the PNW to Japan, was $26.50 per metric ton, 4 percent more than the previous week.