Grain Transportation Overview by Sector: Dec. 13

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

Export Sales

For the week ending November 29, unshipped balances of wheat, corn, and soybeans totaled 28.5 mmt, down 15 percent from the same time last year.

Net weekly wheat export sales were .712 mmt, up 89 percent from the previous week.

Net corn export sales were 1.18 mmt, down 7 percent from the previous week.

Net soybean export sales were .891 mmt, up 42 percent from the past week, and the highest since late September.

Rail

U.S. Class I railroads originated 22,424 grain carloads for the week ending December 1, up 12 percent from the previous week, down 13 percent from last year, and down 3 percent from the 3-year average.

Average December shuttle secondary railcar bids/offers per car were $116 below tariff for the week ending December 6, up $29 from last week, and $25 higher than last year.

Average non-shuttle secondary railcar bids/offers were $50 below tariff, down $138 from last week.

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

Barge

For the week ending December 8, barge grain movements totaled 780,672 tons, 17 percent higher than the previous week and down 4 percent from the same period last year.

For the week ending December 8, 503 grain barges moved down river, 74 barges more than the previous week.

There were 790 grain barges unloaded in New Orleans, 13 percent lower than the previous week.

Ocean

For the week ending December 6, 31 ocean-going grain vessels were loaded in the Gulf, 16 percent less than the same period last year.

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

For the week ending December 6, 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 $26.00 per metric ton.

Fuel

For the week ending December 10, the U.S. average diesel fuel price decreased 4.6 cents, from the previous week, to $3.161 per gallon, 25.1 cents above the same week last year.