Tag: grain transportation
Moving Grain: White House Launches Initiatives To Combat Fuel Prices Oct 29, 2022
White House Launches Initiatives To Combat Fuel Prices For the week ending October 24, the U.S average diesel fuel price continued to rise for the third week in a row. […]
Ag Trade: “Relative Optimism” on Black Sea Grain Export Deal, Some Mississippi River Grain Terminals “Halt” Deliveries Oct 27, 2022
Reuters writer Michelle Nichols reported yesterday that, “United Nations aid chief Martin Griffiths said on Wednesday that he was ‘relatively optimistic‘ that a U.N.-brokered deal that allowed a resumption of Ukraine Black Sea grain […]
Mississippi River Barge Traffic “Continued to Struggle,” as “Active and Intensive” Discussions Occur on Black Sea Export Deal Oct 24, 2022
Cameron McWhirter reported in Saturday’s Wall Street Journal that, “Barge traffic continued to struggle along the Mississippi River and its tributaries as low water caused boats and barges to run aground on sandbars up […]
Moving Grain: Barge Spot Rates Drop Sharply Oct 22, 2022
Barge Spot Rates Drop Sharply, Despite Ongoing River Challenges For the week of October 18, the St. Louis barge spot rate (GTR table 9) fell precipitously to $72.58 per ton […]
Ag Trade: Mississippi Water Level Worries Persist, Russia Concerned About Black Sea Export Deal Oct 14, 2022
Don Lee reported on the front page of today’s Los Angeles Times that, “That turkey you’re planning for the big family get-together is going to give you a nasty peck on the pocketbook. […]
Moving Grains: Union Rejects Tentative Agreement With Railroads Oct 13, 2022
Union Rejects Tentative Agreement With Railroads On Monday, October 11, the Brotherhood of Maintenance of Way Employees Division (BMWED) rejected its tentative agreement with the railroads—an action which reintroduces the […]
Grain Transportation: Lower Water Levels on Mississippi Tributaries a Concern, as U.S. Wheat Exports at 50 Year Low Oct 13, 2022
Bloomberg’s Brian K Sullivan, Joe Deaux, and Michael Hirtzer reported earlier this week that, “The Mississippi River isn’t out of the woods as falling water levels along its major tributaries threaten to deepen a […]
Grain Prices Falling Due to Mississippi River Shipping Issues Oct 12, 2022
Farmers faced with high fuel and fertilizer costs this growing season could at least look for consolation in relatively high commodity prices. However, even that right spot may be slipping […]
Wheat Climbs to Highest Price Since June as Black Sea Tensions Rise; Transportation Variables in Focus Oct 11, 2022
Bloomberg writers Kim Chipman and Megan Durisin reported yesterday that, “Wheat closed at the highest price since June as traders considered a worsening Russia-Ukraine war against lackluster US grain demand. “The futures […]
Ag Trade: Wheat Climbs Following Ukraine Bridge Attack; Mississippi Logjam Eases Oct 10, 2022
Financial Times writers Roman Olearchyk, Mehul Srivastava, Max Seddon, and Christopher Miller reported today that, “Vladimir Putin has described Russia’s massive airstrikes on Ukraine, its most extensive since the early weeks […]