# Grain Transportation Report, April 18, 2024

> The Panama Canal Authority is easing draft and transit restrictions that followed last year's record drought, with daily Panamax transits rising from 20 to 24 starting May 16 and total transits reaching 32 by June 1. Canal operations are expected to return to normal by 2025. Grain export sales data for the week ending April 4 were also reported.

- Date: 2024-04-18 · published 2024-04-18T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/15222-grain-transportation-report-april-18-2024
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Fewer canal restrictions lower transit times and costs for US Gulf and other grain shipments to Asia, easing ocean freight rates and supporting US export competitiveness.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- doi.org: https://doi.org/10.9752/ts056.04-18-2024

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