Jan 12, 2018

Weekly Grain Carloadings End 2017 on Low Volume

Down 18% from the 3-year average

For the week ending Dec. 30, U.S. Class I railroads originated 15,713 grain carloads, down 30% from the previous week, 20% from last year, and 18% from the 3-year average.

Weekly grain carloadings typically decrease during the end-of-year holiday week, but they were at their lowest level in five years, compared to 13,305 carloadings in 2012 when grain production was reduced following the severe drought.

In addition to grain, the Association of American Railroads reported that weekly carloadings across all other commodity categories were down compared to the same week last year

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Marketwatch: Apr, 22

US Corn Price Idx:ZCPAUS.CM

open: 7.8322
high: 7.8432
low: 7.7405
close: 7.7588

US Soybean Price Idx:ZSPAUS.CM

open: 16.6439
high: 16.8595
low: 16.6213
close: 16.8014

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 11.0158
high: 11.0905
low: 10.8104
close: 10.8852

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.214
high: 10.2612
low: 9.9598
close: 10.1199