Grain Transportation Overview By Sector: 1/11/18

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

Export Sales

For the week ending December 28, unshipped balances of wheat, corn, and soybeans totaled 34.5 mmt, down 15 percent from the same time last year. 

Net weekly wheat export sales were .132 mmt, down 72 percent from the previous week. 

Net corn export sales were .101 mmt, down 92 percent from the previous week, and net soybean export sales were .554 mmt for the same period, down 43 percent from the previous week.

Rail

Average January shuttle secondary railcar bids/offers per car were $225 above tariff for the week ending January 4, up $92 from last week, and $433 lower than last year. 

Average non-shuttle secondary railcar bids/offers per car were $0, $25 higher than last year. 

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

Barge

For the week ending January 6, barge grain movements totaled 211,290 tons, 66 percent lower than the previous week, and down 68 percent from the same period last year.

For the week ending January 6, 141 grain barges moved down river, down 65 percent from last week, 816 grain barges were unloaded in New Orleans, 9 percent lower than the previous week.

Ocean

For the week ending January 4, 37 ocean-going grain vessels were loaded in the Gulf, 16 percent less than the same period last year.

Forty-seven vessels are expected to be loaded within the next 10 days, 40 percent less than the same period last year.

For the week ending January 4, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $43 per metric ton. 

The cost of shipping from the PNW to Japan was $24 per metric ton.