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Photo: Port NOLA

Sep 21, 2021

U.S. Grain Exports Rise as Gulf Terminals Slowly Recover

More than 60 bulk vessels were lined up along the lower Mississippi River on Monday

source: Reuters

U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane Ida's Aug. 29 landfall, but volumes were much lower than normal, preliminary data showed on Monday.

Reuters reports just seven export vessels were loaded with grain and soybeans at Louisiana Gulf Coast terminals in the week ended Sept. 16, down from 23 vessels in the same week last year, USDA data showed.

More than 60 bulk vessels were lined up along the lower Mississippi River on Monday waiting to dock and load with grain once terminals reopen, an industry vessel lineup report and Refinitiv Eikon shipping data showed.

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