The Latest

Events

  1. Oklahoma: Canola Schools – August 2 and 4

    July 20 @ 5:00 am - August 5 @ 1:00 am
  2. Tennessee: No-Till Field Day, Milan, July 28

    July 28 @ 8:00 am - 5:00 pm
  3. Tennessee: No-Till Field Day, Milan, July 28

    July 28 @ 8:00 am - 5:00 pm
  4. InfoAg Conference, St. Louis, Aug. 2-4

    August 2 @ 8:00 am - August 4 @ 5:00 pm
  5. Tennessee: Mid-South Ag Finance Conference, Martin, Aug. 3

    August 3 @ 8:00 am - 5:00 pm
  6. Arkansas: RiceTec Field Day, Harrisburg, Aug. 3

    August 3 @ 8:00 am - 5:00 pm
  7. Texas: Cotton Fiber Quality Conference, Lubbock, Aug. 4

    August 4 @ 8:00 am - 5:00 pm
  8. North Mississippi Row Crops Field Day, Verona, Aug. 11

    August 11 @ 8:00 am - 5:00 pm
  9. Texas: Pre-Plant Wheat Meeting, Amarillo, Aug. 12

    August 12 @ 8:00 am - 5:00 pm
  10. Illinois: Agronomy Day, Savoy, August 18

    August 18 @ 8:00 am - 5:00 pm
  11. Louisiana: Sweet Potato Field Day, Chase, Aug. 31

    August 31 @ 8:00 am - 5:00 pm
  12. California Almond Conference, Sacramento, Dec. 6-8

    December 6 @ 8:00 am - December 8 @ 5:00 pm

South America’s Grain Harvest Raises Ocean Freight Rates

Mike Christensen
From USDA Grain Transportation Report March 14, 2013

Ocean freight rates for shipping bulk grains have inched up slightly over the past month due to bulk shipments from South America’s grain and soybean harvest and increased global demand for iron ore and coal.

 

The reported wait for vessels at the port of Santos, Brazil is as long as 54 days to load grains, soybeans, and sugar, soaking up much of the Panamax vessel supply.

Ongoing logistical delays in South America could give the United States a temporary competitive advantage, boosting U.S. grain shipments.

As of March 8, the ocean freight rate for shipping bulk grain through the Gulf to Japan was $48 per metric ton (mt) and $25 per mt through the Pacific Northwest to Japan—both were 4 percent higher than last month.

Full Report

Mike Christensen
From USDA Grain Transportation Report March 14, 2013