Grain Transportation Overview by Sector: 10/11/18

This article has been reprinted from the Oct. 11 USDA Grain Transportation Report.

Export Sales

For the week ending September 27, unshipped balances of wheat, corn, and soybeans totaled 37.0 mmt, up 12 percent from the same time last year.

Net weekly wheat export sales were .435 mmt, up 4 percent from the previous week.

Net corn export sales were 1.43 mmt, up 8 percent from the previous week.

Net soybean export sales were 1.52 mmt, up 7 percent from the past week.

Rail

U.S. Class I railroads originated 21,870 grain carloads for the week ending September 29; down 6 percent from the previous week, 7 percent from last year, and 11 percent from the 3-year average.

Average October shuttle secondary railcar bids/offers per car were $54 above tariff for the week ending October 4, down $246 from last week, and $254 lower than last year.

Average non-shuttle secondary railcar bids/offers per car were $138 above tariff, down $3 from last week, but $174 higher than last year.

Barge

For the week ending October 6, barge grain movements totaled 541,650 tons, 31 percent higher than the previous week and down 9 percent from the same period last year.

For the week ending October 6, 340 grain barges moved down river, 79 barges more than the previous week.

There were 800 grain barges unloaded in New Orleans, 6 percent higher than the previous week.

Ocean

For the week ending October 4, 31 ocean-going grain vessels were loaded in the Gulf, 11 percent less than the same period last year.

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

For the week ending October 4, the ocean freight rate for shipping bulk grain, from the Gulf to Japan, was $47.50 per metric ton, 1 percent more than the previous week.

The cost of shipping, from the PNW to Japan, was $26.75 per metric ton, 1 percent more than the previous week.