U.S. Class I railroads originated 25,171 grain carloads during the week ending July 4, according to the Agricultural Marketing Service’s weekly Grain Transportation Report. That's an 11% decrease from the previous week but 10% more than last year and 24% more than the three-year average.
Average July shuttle secondary railcar bids were $94 below tariff for the week ending July 9, down $6 from last week and $144 lower than this week last year. Non-shuttle secondary railcar bids averaged $75 above tariff, up $38 from last week and $38 more than this week last year.
Barged grain movements totaled 669,200 tons for the week ending July 11, up 21% from the previous week and 21% more than the same week last year. During that week, 448 barges moved down river, 73 more than the previous week. The New Orleans region unloaded 477 grain barges, 23% less than the previous week.
For the week ending July 9, 30 oceangoing grain vessels were loaded in the Gulf, 30% more than the same period last year. Within the next 10 days starting July 10, 37 vessels were expected to be loaded, 6% more than the same period last year.
Shipping rates from the U.S. Gulf to Japan reached $68.50 per metric ton as of July 9, up 1% from the previous week. The rate from the Pacific Northwest to Japan was $35 per metric ton, down 2% from the previous week.
