Grain Transportation Overview By Sector: 1/18/18

This article has been reprinted from the Jan. 18 USDA Grain Transportation Report.

Export Sales

For the week ending January 4, unshipped balances of wheat, corn, and soybeans totaled 32.9 mmt, down 17 percent from the same time last year. 

Net weekly wheat export sales were .071 mmt, down 46 percent from the previous week. 

Net corn export sales were .438 mmt, up 337 percent from the previous week, and net soybean export sales were .607 mmt for the same period, up 81 percent from the previous week.

Rail

U.S. Class I railroads originated 19,638 grain carloads for the week ending January 6, up 25 percent from the previous week, down 9 percent from last year, and down 11 percent from the 3-year average.

Average January shuttle secondary railcar bids/offers per car were $275 above tariff for the week ending January 11, up $50 from last week, and $850 lower than last year. 

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

Barge

For the week ending January 13, barge grain movements totaled 284,620 tons, 35 percent higher than the previous week, and down 59 percent from the same period last year.

For the week ending January 13, 176 grain barges moved down river, up 25 percent from last week, 747 grain barges were unloaded in New Orleans, 8 percent lower than the previous week.

Ocean

For the week ending January 11, 36 ocean-going grain vessels were loaded in the Gulf, 16 percent less than the same period last year.

Fifty-nine vessels are expected to be loaded within the next 10 days, 32 percent less than the same period last year.

For the week ending January 11, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $44.75 per metric ton. 

The cost of shipping from the PNW to Japan was $24.50 per metric ton.

Fuel

During the week ending January 15, average diesel fuel prices increased 3 cents from the previous week at $3.03 per gallon, 44 cents above the same week last year.