Grain Transportation Overview by Sector: 2/13/20

This has been reprinted from the Feb. 13 USDA Grain Transportation Report.

Export Sales

For the week ending January 30, unshipped balances of wheat, corn, and soybeans totaled 22.3 mmt.

This represents a 28 percent decrease in outstanding sales, compared to the same time last year.

Net corn export sales reached 1.25 mmt, up 1 percent from the past week.

Net soybean export sales were .704 mmt, up 76 percent from the previous week.

Net weekly wheat export sales reached .339 mmt, down 48 percent from the previous week.

Rail

U.S. Class I railroads originated 19,158 grain carloads during the week ending February 1.

This was a 12-percent decrease from the previous week, 11 percent less than last year, and 20 percent lower than the 3-year average.

Average

February shuttle secondary railcar bids/offers (per car) were $279 below tariff for the week ending February 6.

This was $142 less than last week and $746 lower than this week last year.

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

Barge

For the week ending February 8, barge grain movements totaled 450,358 tons.

This was a 17.6-percent decrease from the previous week and 10 percent more than the same period last year.

For the week ending February 8, 298 grain barges moved down river—37 barges fewer than the previous week.

There were 611 grain barges unloaded in New Orleans, 5 percent more than the previous week.

Ocean

For the week ending February 6, 30 oceangoing grain vessels were loaded in the Gulf—15.4 percent more than same period last year.

Within the next 10 days (starting February 7), 40 vessels were expected to be loaded—42.0 percent fewer than the same period last year.

As of February 6, the rate for shipping a metric ton (mt) of grain from the U.S. Gulf to Japan was $42.00.

This was 7 percent less than the previous week.

The rate from the Pacific Northwest to Japan was $22.00 per mt, 9 percent less than the previous week

Fuel

For the week ending February 10, the U.S. average diesel fuel price decreased 4.6 cents from the previous week to $2.910 per gallon, 5.6 cents below the same week last year.