Grain Transportation Overview By Sector: 1/4/18

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

Export Sales

For the week ending December 21, unshipped balances of wheat, corn, and soybeans totaled 35.7 mmt, down 16 percent from the same time last year. 

Net weekly wheat export sales were .478 mmt, down 40 percent from the previous week. 

Net corn export sales were 1.25 mmt, down 20 percent from the previous week, and net soybean export sales were 0.975 mmt for the same period, down 44 percent from the previous week.

Rail

U.S. Class I railroads originated 22,424 grain carloads for the week ending December 23, down 5 percent from the previous week, down 1 percent from last year, and up 2 percent from the 3-year average.

Average January shuttle secondary railcar bids/offers per car were $133 above tariff for the week ending December 28, up $160 from last week, and $409 lower than last year. 

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

Barge

For the week ending December 30, barge grain movements totaled 616,062 tons, 2.2 percent lower than the previous week, and down 20 percent from the same period last year.

For the week ending December 30, 398 grain barges moved down river, up 1 percent from last week, 895 grain barges were unloaded in New Orleans, 23 percent higher than the previous week.

Ocean

For the week ending December 28, 35 ocean-going grain vessels were loaded in the Gulf, 22 percent less than the same period last year. 

Forty-eight vessels are expected to be loaded within the next 10 days, 38 percent less than the same period last year.

Fuel

During the week ending January 1, average diesel fuel prices increased 7 cents from the previous week at $2.97 per gallon, 39 cents above the same week last year.