Grain Transportation Overview by Sector: 6/27/19

This article has been reprinted from the June 27 USDA Grain Transportation Report.

Export Sales

For the week ending June 13, unshipped balances of wheat, corn, and soybeans totaled 23.2 mmt.

This indicates a 13 percent decrease in outstanding sales, compared to the same time last year.

Net corn export sales decreased 78 percent from the previous week, reaching .038 mmt.

Net soybean export sales totaled .572 mmt, up 123 percent from the past week. Net weekly wheat export sales reached .188 mmt, up noticeably from the previous week.

Rail

U.S. Class I railroads originated 22,425 grain carloads for the week ending June 15.

This is a 6 percent increase from the previous week, 4 percent lower than last year, and 1 percent below the 3-year average.

Average July shuttle secondary railcar bids/offers (per car) were $200 above tariff for the week ending June 20.

This is $263 more than last week and $117 lower than last year.

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

Average non-shuttle secondary railcar bids/offers were $180 above tariff.

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

Barge

For the week ending June 22, barge grain movements totaled 161,662 tons.

This is a 51 percent decrease from the previous week and 85 percent lower than the same period last year.

For the week ending June 22, 91 grain barges moved down river.

This is 97 fewer barges than the previous week.

There were 265 grain barges unloaded in New Orleans, 24 percent lower than the previous week.

Ocean

For the week ending June 20, 21 ocean-going grain vessels were loaded in the Gulf.

This is 28 percent fewer than the same period last year.

Thirty-nine vessels are expected to be loaded within the next 10 days.

This is 15 percent fewer than the same period last year.

As of June 20, the rate for shipping a metric ton (mt) of grain from the U.S. Gulf to Japan was $47.75.

This is 1 percent less than the previous week.

The rate from the Pacific Northwest to Japan was $23.75 per mt.

This is unchanged from the previous week.

Fuel

For the week ending June 24, the U.S. average diesel fuel price decreased 2.7 cents from the previous week, to $3.043 per gallon.

This price is 17.3 cents less than the same week last year.