Grain Transportation Overview By Sector: 7/13/17
Date Posted: July 13, 2017
This article is reprinted from the USDA's July 13 Grain Transportation Report.
For the week ending June 29, unshipped balances of wheat, corn, and soybeans totaled 20.7 mmt, down 18 percent from the same time last year.
Net weekly wheat export sales were .375 mmt, down 31 percent from the previous week.
Net corn export sales were .140 mmt, down 56 percent from the previous week, and net soybean export sales were .366 mmt, up 17 percent from the past week.
U.S. Class I railroads originated 23,472 grain carloads for the week ending July 1, up 7 percent from the previous week, up 1 percent from last year, and up 18 percent from the 3-year average.
Average July shuttle secondary railcar bids/offers per car were $252 below tariff for the week ending July 6, down $21 from last week, and $333 lower than last year.
Average non-shuttle secondary railcar bids/offers per car were $0, $25 lower than last year.
There were no non-shuttle bids/offers last week.
For the week ending July 8, barge grain movements totaled 795,989 tons, 16 percent lower than the last week, and down 25 percent from the same period last year.
For the week ending July 8, 514 grain barges moved down river, down 16 percent from last week, 610 grain barges were unloaded in New Orleans, down 10 percent from the previous week.
For the week ending July 6, 36 ocean-going grain vessels were loaded in the Gulf, 13 percent more than the same period last year.
Forty-eight vessels are expected to be loaded within the next 10 days, 19 percent less than the same period last year.
For the week ending July 6, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $37.00 per metric ton, 1 percent less than the previous week.
The cost of shipping from the Pacific Northwest to Japan was $19.00 per metric ton, unchanged from the previous week.
During the week ending July 10, average diesel fuel prices increased 1 cent from the previous week to $2.48 per gallon, 7 cents higher than the same week last year