Grain Transportation Overview by Sector: 11/21/19

This article has been reprinted from USDA's Nov. 21 Grain Transportation Report.

Export Sales

For the week ending November 7, unshipped balances of wheat, corn, and soybeans totaled 23.4 mmt.

This represents a 20-percent decrease in outstanding sales, compared to the same time last year.

Net corn export sales reached .581 mmt, up 19 percent from the past week.

Net soybean export sales were 1.25 mmt, down 29 percent from the previous week.

Net weekly wheat export sales reached .239 mmt, down 34 percent from the previous week.

Rail

U.S. Class I railroads originated 21,855 grain carloads during the week ending November 9.

This is unchanged from the previous week, 2 percent more than last year, and 8 percent lower than the 3-year average.

Average November shuttle secondary railcar bids/offers (per car) were $113 below tariff for the week ending November 14.

This is $181 less than last week.

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

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

Barge

For the week ending November 16, barge grain movements totaled 888,976 tons.

This was a 19-percent increase from the previous week and 21 percent more than the same period last year.

For the week ending November 16, 562 grain barges moved down river—94 more barges than the previous week.

There were 734 grain barges unloaded in New Orleans, 6 percent less than the previous week.

Ocean

For the week ending November 14, 31 oceangoing grain vessels were loaded in the Gulf—21 percent less than the same period last year.

Within the next 10 days (starting November 8), 47 vessels were expected to be loaded—20 percent fewer than the same period last year.

As of November 14, the rate for shipping a metric ton (mt) of grain from the U.S. Gulf to Japan was $46.50.

This was 4 percent less than the previous week.

The rate from PNW to Japan was $24.75 per mt, 6 percent less than the previous week.