Grain Transportation Overview by Sector: 6/20/19

This article has been reprinted from the June 20 USDA Grain Transportation Report.

Export Sales

For the week ending June 6, unshipped balances of wheat, corn, and soybeans totaled 24.2 mmt.

This indicates a 17 percent decrease in outstanding sales, compared to the same time last year.

Net weekly wheat export sales reached .048 mmt, up significantly from the from the previous week.

Net corn export sales rebounded from the previous week as well, reaching .169 mmt.

Net soybean export sales totaled .256 mmt, down 50 percent from the past week.

Rail

U.S. Class I railroads originated 21,213 grain carloads for the week ending June 8.

This is a 2 percent increase from the previous week, 9 percent lower than last year, and 4 percent below the 3-year average.

Average June shuttle secondary railcar bids/offers (per car) were $225 above tariff for the week ending June 13. This is $114 less than last week and $138 lower than last year.

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

Barge

For the week ending June 15, barge grain movements totaled 329,386 tons.

This is a 29 percent increase from the previous week and a 72 percent decrease from the same period last year.

For the week ending June 15, 188 grain barges moved down river.

This is 43 more barges than the previous week.

There were 349 grain barges unloaded in New Orleans, 9 percent fewer than the previous week.

Ocean

For the week ending June 13, 24 ocean-going grain vessels were loaded in the Gulf.

This is 20 percent fewer than the same period last year.

Forty-three vessels are expected to be loaded within the next 10 days.

This is 9 percent fewer than the same period last year.

As of June 13, the rate for shipping a metric ton (mt) of grain from the U.S. Gulf to Japan was $43.25.

This is 1 percent less than the previous week.

The rate from the Pacific Northwest to Japan was $23.70 per mt, a 1 percent decrease from the previous week.