# Grain Transportation Report, October 15, 2020

> Ocean freight rates for grain rose through the third quarter of 2020 as the bulk market recovered from the COVID-19 slowdown. For the week ending October 8, the U.S. Gulf to Japan grain rate was $43.25 per metric ton, 16% below the same week last year.

- Date: 2020-10-15 · published 2020-10-15T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/10517-grain-transportation-report-october-15-2020
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Ocean freight costs feed into the delivered price of U.S. grain exports, and rates that are lower year over year reduce that cost burden for export buyers.

## Read by commodity

- OCEANFRT: neutral

## Sources

- doi.org: https://doi.org/10.9752/ts056.10-15-2020

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.