Grain Transportation Overview by Sector: 12/6/18

This article has been reprinted from the Dec. 7 USDA Grain Transportation Report.

Export Sales

For the week ending November 22, unshipped balances of wheat, corn, and soybeans totaled 28.6 mmt, down 14 percent from the same time last year.

Net weekly wheat export sales were .377 mmt, up 14 percent from the previous week.

Net corn export sales were 1.27 mmt, up 44 percent from the previous week.

Net soybean export sales were .629 mmt, up 8 percent from the past week.

Rail

U.S. Class I railroads originated 20,061 grain carloads for the week ending November 24, down 15 percent from the previous week, up 7 percent from last year, and down 4 percent from the 3-year average.

Average December shuttle secondary railcar bids/offers per car were $145 below tariff for the week ending November 29, up $5 from last week.

Average non-shuttle secondary railcar bids/offers were $88 above tariff, up $91 from last week.

There were no shuttle or nonshuttle bids/offers this week last year.

Barge

For the week ending December 1, barge grain movements totaled 670,384 tons, 27 percent lower than the previous week and down 5 percent from the same period last year.

For the week ending December 1, 429 grain barges moved down river, 147 less than the previous week.

There were 903 grain barges unloaded in New Orleans, 5 percent higher than the previous week.

Ocean

For the week ending November 29, 40 ocean-going grain vessels were loaded in the Gulf, 7 percent less than the same period last year.

Fifty-seven vessels are expected to be loaded within the next 10 days, 36 percent more than the same period last year.

For the week ending November 29, the ocean freight rate for shipping bulk grain, from the Gulf to Japan, was $48.00 per metric ton.

The cost of shipping, from the PNW to Japan, was $26.25 per metric ton.

Fuel

For the week ending December 3, the U.S. average diesel fuel price decreased 5.4 cents from the previous week to $3.207 per gallon, 28.5 cents above the same week last year.