Grain Transportation Overview By Sector: 12/28/17

This article has been reprinted from the Dec. 28 Grain Transportation Report.


Export Sales

For the week ending December 14 unshipped balances of wheat, corn, and soybeans totaled 35.5 mmt, down 18 percent from the same time last year. 

Net weekly wheat export sales were .796 mmt, up 35 percent from the previous week. 

Net corn export sales were 1.6 mmt, up 80 percent from the previous week, and net soybean export sales were 1.7 mmt for the same period, up 20 percent
from the previous week.

Rail

U.S. Class I railroads originated 23,571 grain carloads for the week ending December 16, down 1 percent from the previous week, down 3 percent from last year, and down 1 percent from the 3-year average.

Average January shuttle secondary railcar bids/offers per car were $27 below tariff for the week ending December 21, up $60 from last week, and $452 lower than last year. 

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

Barge

For the week ending December 23, barge grain movements totaled 630,186 tons, 22 percent lower than the previous week, and down 2 percent from the same period last year.

For the week ending December 23, 396 grain barges moved down river, down 23 percent from last week. 

728 grain barges were unloaded in New Orleans, 21 percent lower than the previous week.

Ocean

For the week ending December 21, 31 ocean-going grain vessels were loaded in the Gulf, 34 percent less than the same period last year. 

Forty-nine vessels are expected to be loaded within the next 10 days, 23 percent less than the same period last year.

For the week ending December 21, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $44.25 per metric ton, down 3 percent from the previous week. 

The cost of shipping from the PNW to Japan was $24.75 per metric ton, down 2 percent from the previous week.

Fuel

During the week ending December 25, average diesel fuel prices increased 0.2 cents from the previous week at $2.90 per gallon, 36 cents above the same week last year.