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The USDA Agricultural Marketing Service's Grain Transportation Report, released Feb. 5, 2026, shows bulk grain ocean freight averaged lower in 2025 than in 2024 and the prior four-year average.
US Gulf to Japan averaged $50.83 per metric ton, down 11%, and US Gulf to Europe fell 12% to $23.69. Rates rose in the third quarter on strong grain shipments and Paraná River low water, then declined from October through December.
Cheaper freight narrows delivered-cost gaps for overseas buyers and supports US export competitiveness. Lower shipping costs modestly pressure export basis and freight-linked prices.
feedandgrain.comFeed, Grain StaffFeb 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
