Grain Transportation Quarterly Updates
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1 Grain Transportation Quarterly Updates Truck Advisory Transportation and Marketing Programs Transportation Services Division Table 1: U.S. Grain Truck Market, 3 rd Quarter Region 25 miles 100 miles 200 miles Truck availability Truck usage 1 Rate per mile, per truckload 1=Very Easy to 5=Very Difficult Future truck usage National average North Central region Rocky Mountain n/a n/a n/a n/a n/a n/a South Central West n/a n/a n/a n/a n/a n/a 1 Rates are based on trucks with 80,000 lb gross vehicle weight limit, and are quoted in U.S. dollar 2 National average is based on rates received from various States, but not every State is represented. Source: Transportation and Marketing Programs/AMS/USDA Quarterly Index 1=Much Lower to 5=Much Higher Figure 1: U.S. Grain Truck Market, 3 rd Quarter Fuel price: $2.98 rate 1 : $3.23 Availability Index: 2.80 Fuel price: $2.91 Fuel price: $2.94 Fuel price: $ rate per loaded mile, based on truck rates for trips of 25, 100, and 200 miles rate: $3.40 Availability Index: 2.30 Fuel price: $2.89 Note: Fuel prices are a quarterly average (unit per gallon) Fuel Price Data Source: Energy Information Administration U.S. Department of Energy, Grain Transportation Quarterly Updates
2 Table 2: Regional Truck Usage Index Current Truck Usage 1 = Much Lower to 5 = Much Higher Truck Usage Future Truck Usage 1 = Much Lower to 5 = Much Higher st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr National North Central Rocky Mountain n/a n/a n/a n/a n/a n/a n/a n/a South Central West n/a n/a n/a n/a n/a n/a n/a n/a 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr National North Central Rocky Mountain n/a n/a n/a n/a n/a n/a n/a n/a South Central West n/a n/a n/a n/a n/a n/a n/a n/a 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr National North Central Rocky Mountain n/a n/a n/a n/a n/a n/a South Central West n/a n/a n/a n/a n/a n/a n/a: not data available The truck usage index tracks the trends of truck utilization at grain elevators Figure 2: National Truck Usage, 3 rd Quarter Index Value 1 = Much Lower to 5 = Much Higher rd Quarter % Change from: Nat. Avg. N. Central S. Central Last Quarter Last Year National North Central South Central Source: Transportation and Marketing Programs, AMS/USDA No data available for 1 st quarter 2007 Grain Transportation Quarterly Updates 2
3 Truck Availability Table 3: Quarterly National Truck Availability Index Region 1= Very Easy 5=Very Difficult 2 nd Quarter Previous Quarter Same Quarter Last Year National North Central South Central Current qtr as % change from Previous Qtr 17% 75% 0% Same Qtr Last Year 17% 12% 15% The truck availability index tracks the trends in perceived ease of hiring a truck as reported by grain elevators. Figure 3: National Truck Availability 4.00 Chart Title Index Value 1=Very Easy to 5= Very Difficult rd Quarter % Change from: Nat. Avg. N. Central S. Central Last Quarter Last Year National North Central South Central No data available for 1 st quarter 2007 Grain Transportation Quarterly Updates 3
4 Truck Rates Table 4 : Grain Truck Rates for Short and Long Hauls, 3 rd Quarter ($/mile per truckload) % increase from: Region 25 miles 100 miles 200 miles Last qtr Same qtr Last year 25 mi 100 mi 200 mi 25 mi 100 mi 200 mi National $4.15 $2.40 $2.28 3% 0% 2% 10% 9% 5% North Central $4.88 $2.43 $ % 13% 13% 25% 6% 12% Rocky Mountain n/a n/a n/a n/a n/a n/a n/a n/a n/a South Central $5.00 $2.50 $ % 5% 22% 42% 9% 1% West n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a: data not available Rates are based on trucks with 80,000 lbs gross vehicle weight limit Source: Transportation and Marketing Programs/AMS/USDA A truck is assumed to carry 55,000 lbs or 25 metric tons of grain. Rates per metric ton per mile can be calculated from rates per truckload. Figure 4: National Truck Rates by Trip Distance $6.00 $5.50 $5.00 $4.50 $4.00 $3.50 $3.00 $2.50 $2.00 $1.50 $ rd Quarter % Change from: 25 mi. 100 mi. 200 mi Last Quarter Last Year No data available for 1 st quarter mi 200 mi 100 mi Grain Transportation Quarterly Updates 4
5 U.S. Diesel Fuel Prices The diesel fuel price provides a proxy for trends in U.S. truck rates. Diesel fuel is a significant expense for grain movements. Figure 5: U.S. On Highway Diesel Fuel Prices $/Gallon $/mile Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q U.S. diesel fuel prices are down 3% from last quarter but up 13% from same quarter last year Source: Energy Information Administration/U.S. Department of Energy Table 5: 3 rd Quarter Diesel Fuel Prices (All Types $/Gallon) Change From Location Price Last Quarter Same Qtr Last Year East Coast New England Central Atlantic Lower Atlantic Midwest Gulf Coast Rocky Mountain West Coast California U.S Source: Energy Information Administration/U.S. Department of Energy Grain Transportation Quarterly Updates 5
6 Country Japan Rotterdam China Mexico Colombia: Atlantic Port (East) Colombia: Pacific Ports (West) Country Japan Source: O'Neil Commodity Consulting Ocean Rates Table 6: Ocean Shipping Rates for Bulk Grain ($/metric ton) Gulf to PNW to Figure 6: Grain Vessel Rates and Spread, U.S. to Japan Ocean rates for 3 rd quarter: Gulf PNW Spread Change from previous quarter 11% 14% 8% Change from last year 7% 12% 2% U.S$/metric ton Spread Gulf to Japan PNW to Japan Source: Drewry Shipping Consultants/O'Neil Commodity Consulting Grain Transportation Quarterly Updates 6
7 Contacts and Links Surajudeen Olowolayemo (Economist) (202) April Taylor (Economist) (202) Brian McGregor (Supervisory Agricultural Marketing Specialist) (202) Pierre Bahizi (Economist) (202) Subscription Information: Send relevant information to for an electronic copy of this report (printed copies available upon request). Related Websites Grain Transportation Report Mexico Transport Cost Indicator Report Brazil Soybean Transportation Indicator Agricultural Refrigerated Truck Quarterly The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, sexual orientation or martial or family status. (Not all prohibited bases apply to all programs). Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact the USDA s TARGET Center at (202) (Voice and TDD). To file a complaint of discrimination, write USDA, Director of Civil Rights, Room 326-W, Whitten Building, 14 th and Independence Avenue, SW, Washington, DC , or call (202) (voice and TDD). USDA is an equal opportunity provider and employer. Grain Transportation Quarterly Updates 7
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