NASHVILLE, Tenn. (RFD NEWS) — Grain transportation signals were mixed in the latest weekly update, with rail demand strengthening while barge movement slowed. U.S. Class I railroads originated 30,610 grain carloads for the week ending May 2, up 3 percent from the previous week.
Rail volume was also 17 percent above last year and 21 percent above the three-year average. Shuttle secondary railcar bids averaged $596 per car above tariff, up $142 from the previous week and $705 above the same week last year.
River movement weakened. Barged grain movements totaled 635,575 tons for the week ending May 9, down 10 percent from the previous week and 14 percent below last year. Downbound barge traffic also fell, with 418 barges moving downriver.
Ocean demand remained firm. Gulf elevators loaded 29 grain vessels for the week ending May 7, up 32 percent from last year, with 48 more expected within 10 days.
Diesel remains expensive at $5.639 per gallon, the morning of May 18, which is more than $2.16 above last year.
Farm-Level Takeaway: Strong rail and ocean demand support grain movement, but weak barge traffic and high diesel costs keep freight pressure elevated.
Tony St. James, RFD News Markets Specialist
Genevieve Collins from Americans for Prosperity discusses rising Texas property taxes, potential relief, and impacts on farmers, ranchers, and rural communities.
Autumn Lankford Higgins with the Farm Bureau joins us to discuss data center expansion on farmland, rural policy considerations, and the role of agriculture in emerging digital infrastructure.
RealAg Radio’s Shaun Haney joins us to discuss geopolitical trade tensions, energy market volatility, and what global shifts could mean for U.S. agriculture exports.
New data from the Illinois Farm Bureau show that farm financial conditions are stabilizing, even as debt per acre and borrowing costs continue to climb.
Ohio farmer Chris Gibbs joins us to discuss planting progress, weather conditions, and how geopolitical tensions are clouding his growing season outlook as input concerns continue to escalate.
This case could influence how much leverage grain shippers have when a preferred rail outlet is blocked or priced too high.
