• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

U.S. Gulf Coast grain exports slowly resuming after Ida as more power restored

September 9, 2021 by David Barret Leave a Comment

September 9, 2021

By Karl Plume

(Reuters) – Louisiana Gulf Coast grain exports are slowly ramping up after a nearly two-week halt due to damage from Hurricane Ida, with at least two large terminals loading vessels and power steadily being restored to others, government and shipping sources said on Thursday.

More than 50 oceangoing vessels have lined up along the lower Mississippi River waiting to dock and be loaded with soybeans or grain, according to Refinitiv Eikon shipping data and industry vessel lineup summaries seen by Reuters.

Restoring shipments from the busiest U.S. grain export hub was welcome relief to markets rattled by the storm disruptions as worries about prolonged outages had sent export costs soaring and stoked fears about global food inflation.

The vessel Navios La Paix was docked at Archer-Daniels-Midland Co’s facility in Destrehan on Thursday and loading with grain bound for Central America, shipping data showed.

A large export terminal owned by Louis Dreyfus Co near Baton Rouge was loading a corn vessel bound for Mexico on Thursday after loading a soybean vessel over the weekend. Some midstream rigs that transfer grain from barges onto bulk ships have also resumed loading.

At least three of the region’s nearly dozen terminals are still without power, including a CHS Inc facility in Myrtle Grove and a heavily damaged Cargill Inc terminal in Reserve, Louisiana Agriculture Commissioner Mike Strain said.

Bunge Ltd’s facility in Destrehan is “still not operational” and the company has no estimate yet as to when it will be back online, spokeswoman Daiana Bein Endruweit said.

“Things are finally starting to move again, which is good because the harvest is coming. Hopefully we can catch up pretty quick,” said a U.S. export trader, asking not to be named as he is not authorized to speak with media.

Asia’s grain and oilseed buyers were preparing for shipping delays of at least a month after the storm, traders and a miller said on Wednesday.

Barge-loading river elevators in the U.S. farm belt have been holding back downriver shipments of grain as hurricane damage is cleared and power is restored.

Just 258,000 tons of corn and soybeans were shipped through key river locks on the Mississippi River and its tributaries in the week ended Sept. 4, down 65% from the same week last year, according to the U.S. Department of Agriculture.

The U.S. Army Corps of Engineers expects the bulk of shipping channel obstructions on the lower Mississippi to be removed by Sept. 21 and dredged by Sept. 23, Strain said.

Officials are currently restricting the number of barges that each towboat will be allowed to haul at one time through the area for safety, he said.

(Reporting by Karl Plume in Chicago; Additional reporting by P.J. Huffstutter; Editing by Peter Cooney)

Source Link U.S. Gulf Coast grain exports slowly resuming after Ida as more power restored

David Barret
David Barret

Related posts:

  1. Expectations for near-term easing cool after China central bank comments
  2. Qualcomm CEO open to working with foundry partners in Europe
  3. Ice Hockey-Belarusian federation head suspended for political discrimination
  4. Philippines’ Duterte accepts 2022 vice presidential nomination

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • The Bizarre 1997 Experiment That Made A Frog Levitate
  • There’s A Very Good Reason Why October 1582 On Your Phone Is Missing 10 Days
  • Skynet-1A: Military Spacecraft Launched 56 Years Ago Has Been Moved By Persons Unknown
  • There’s A Simple Solution To Helping Avoid Erectile Dysfunction (But You’re Not Going To Like It)
  • Interstellar Object 3I/ATLAS May Be 10 Billion Years Old, This Rare Spider Is Half-Female, Half-Male Split Down The Middle, And Much More This Week
  • Why Do Trains Not Have Seatbelts? It’s Probably Not What You Think
  • World’s Driest Hot Desert Just Burst Into A Rare And Fleeting Desert Bloom
  • Theoretical Dark Matter Infernos Could Melt The Earth’s Core, Turning It Liquid
  • North America’s Largest Mammal Once Numbered 60 Million – Then Humans Nearly Drove It To Extinction
  • North America’s Largest Ever Land Animal Was A 21-Meter-Long Titan
  • A Two-Headed Fossil, 50/50 Spider, And World-First Butt Drag
  • Interstellar Comet 3I/ATLAS Is Losing Buckets Of Water Every Second – And It’s Got Cyanide
  • “A Historic Shift”: Renewables Generated More Power Than Coal Globally For First Time
  • The World’s Oldest Known Snake In Captivity Became A Mom At 62 – No Dad Required
  • Biggest Ocean Current On Earth Is Set To Shift, Spelling Huge Changes For Ecosystems
  • Why Are The Continents All Bunched Up On One Side Of The Planet?
  • Why Can’t We Reach Absolute Zero?
  • “We Were Onto Something”: Highest Resolution Radio Arc Shows The Lowest Mass Dark Object Yet
  • How Headsets Made For Cyclists Are Giving Hearing And Hope To Kids With Glue Ear
  • It Was Thought Only One Mammal On Earth Had Iridescent Fur – Turns Out There’s More
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version