Grain exports from U.S. Gulf Coast terminals in southern Louisiana remained severely limited on Tuesday, even after the U.S. Coast Guard reopened the lower Mississippi River to shipping traffic over the weekend.
A large terminal near Baton Rouge owned by Louis Dreyfus Co. has resumed loading export vessels. But lingering power outages kept most of about a dozen other terminals in the area shuttered, more than a week after Hurricane Ida roared through the busiest U.S. export outlet for grains.
ADM, which operates four export elevators in Louisiana, and Bunge Ltd, which has an export terminal and a soy processing plant there, said on Tuesday their facilities remain without power. Terminals owned by Cargill Inc. and CHS Inc. sustained some damage and also are waiting for power to be restored.
Commodity trader and logistics firm Hansen-Mueller Co said the company has been contacted by exporters looking to ship wheat, corn and soybean meal out of its Houston facility amid disruptions in New Orleans.
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