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U.S. grain shipments up 39% through the St. Lawrence Seaway; new capacity coming

Posted 6/29/22

U.S. grain shipments via the Great Lakes-Seaway system totaled 312,000 metric tons from March 22 to May 31, up 39% compared to the same period in 2021. Much of the increase is due to exports of corn …

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U.S. grain shipments up 39% through the St. Lawrence Seaway; new capacity coming

Posted

U.S. grain shipments via the Great Lakes-Seaway system totaled 312,000 metric tons from March 22 to May 31, up 39% compared to the same period in 2021.

Much of the increase is due to exports of corn and soybeans out of the Port of Toledo and some new trade starting at the port of Oswego this shipping season.

The rise in shipments, which are predominantly heading to Europe and North Africa, are in part due to shifting global grain trading patterns as the conflict between Russia and the Ukraine — both major grain exporters — continues.

“The Great Lakes-St. Lawrence Seaway system is proving its worth as a reliable trade gateway for the U.S. agricultural sector amidst continuing global transportation disruptions,” said Bruce Burrows, President and CEO, of the Chamber of Marine Commerce. “U.S. ports and their grain company partners are continuing to up their ‘transportation and trade game’ with new container capability and investments in shore-side grain storage and handling.”

Overall, activity through the St. Lawrence Seaway improved in May after a slower start due to ice conditions in Lake Superior. Total cargo tonnage shipments (from March 22 to May 31) via the St. Lawrence Seaway totaled 7.6 million metric tons, down 10.8% compared to 2021 but gaining ground in comparison to April.

Other system-wide highlights include an increase in shipments of project cargo such as wind turbines, road salt to replenish winter reserves and coke exports to Europe for cement production.