Grains/USA: rail transport increases 7% in the week ending March 16

Grains, Cereal & Legumes

United States

Supply Chain Management

Market & Price Trends

Published Mar 29, 2024

Tridge summary

The USDA's latest report highlights a significant uptick in grain transportation across the United States for the week ending March 16, 2024. Rail transport of grain experienced a 7% weekly and a 20% annual increase, reaching 24,654 wagons. Meanwhile, grain barge transport surged by 82% from the previous week and 30% from the previous year, totaling 844,002 tons. Additionally, grain loading at Gulf terminals saw a modest annual increase of 3%, with 34 ships loaded in the week ending March 21, 2024, though a 7% decrease is anticipated in the next 10 days. This report underscores the dynamic nature of grain transportation, reflecting both seasonal variations and broader trends in the agricultural sector.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

São Paulo, 03/28/2024 - Rail transport of grain in the United States totaled 24,654 wagons in the week ending March 16, according to the most recent grain transport report from the country's Department of Agriculture (USDA), published this Thursday. The volume represents an increase of 7% compared to the previous week and 20% compared to the corresponding period last year. Grain transport by barges totaled 844,002 tons in the week ending March 23. The volume represents an increase of 82% compared to the previous week and 30% compared to the same period last year. In the week ending March 21, ...

Source: Broadcast