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Demand Increases For Short-Term Grain Transportation
USAgNet - 08/19/2016

Strong demand for grain transportation from mid-July through early August is evident due to high inspections, barge movements, and rail carloads, along with strong vessel loading activities in the U.S. Gulf.

During the last four weeks, total grain inspections from all major ports averaged 2.7 mmt, up 67 percent from the same period last year and 93 percent above the three-year average.

Weekly down-bound grain movements at Mississippi River Locks 27 near St. Louis for the past four weeks have averaged 958 thousand tons, 40 percent higher than the same period last year, and 106 percent higher than the 3-year average.

In addition, during the past 4 weeks ending August 11, an average of 54 ocean-going grain vessels were loading or waiting to be loaded in the U.S. Gulf, 39 vessels were loaded in the previous seven days, and 66 vessels were due in the next 10 days.

In the prior eight weeks ending July 14, an average of 32 vessels were either loading or waiting to load, 34 vessels loaded in the previous seven days, and 55 vessels were due in the next 10 days.

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