Market News & Headlines >> More Gulf Grain Terminals Reopen
Louisiana Gulf grain and soybean export capacity continues to move closer to normal in the wake of the severe disruptions caused by Hurricane Ida nearly a month ago.
CHS Inc. on Tuesday said that its export terminal in Myrtle Grove, Louisiana had resumed operations after being damaged by Hurricane Ida. The facility is currently running on generator power, but CHS expects utility power to be restored by the end of the week, a spokesperson told Reuters News Service.
On Monday, ADM said its terminals in Ama, and Reserve, Louisiana, and mid-river loading rigs were fully operational, while its facility in Destrehan, Louisiana would be by the end of the week. Bunge Ltd.’s Destrehan terminal was also fully operational after running only "intermittently" last week, a company spokesperson said.
However, the Cargill elevator in Reserve, La., remains closed and could be offline for several months as it undergoes extensive repairs to loading equipment.
About 11 bulk vessels were docked and loading at Louisiana Gulf Coast elevators on Monday and nearly 60 more were lined up along the Mississippi River and waiting to load, an industry vessel lineup report and Refinitiv Eikon shipping data showed, according to Reuters.