U.S. grain transportation demand has strengthened relative to year-ago levels since the beginning of calendar year 1999. Rail demand has risen modestly during the first months of the year. Rail shipments of grain since January are up 4 percent over the same period in 1998. Barge shipments of grain are also up. First quarter (January-March) barge shipments of grain and soybeans on the Mississippi River System were up 12 percent from the first quarter of 1998 and 5 percent above the 5-year average. Since April, barge shipments have been up 38 percent from year-ago levels and 30 percent above the 5-year average for the same weeks. Grain transportation demand has been up in part because of continued strong domestic demand for grain and soybeans. Transportation demand has also been up because of stronger exports of wheat and corn.
Prospects for the U.S. grain and soybean crops have improved since the first USDA projections for 1999/2000 production in May. July projections for co...
U.S. grain (excluding rice) and soybean production for 1998/99 is forecast at 16,131 million bushels, up 2 percent from 1997/98 and only 74 million bu...
U.S. grain (excluding rice) and soybean production for 1998/99 is forecast at 16,131 million bushels, up 2 percent from 1997/98 and only 74 million bu...
Prospects for the U.S. grain and soybean crops have improved since the first USDA projections for 1999/2000 production in May. July projections for co...
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