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USDA's Grain Transportation Report shows ocean freight for bulk grain fell in Q1 2025, with US Gulf to Japan averaging $46.19 per tonne (down 7% quarter on quarter) and US Gulf to Europe at $22.53 per tonne. Spot rates in early May remained roughly 18-25% below the same period in 2024.
Lower freight rates reduce landed costs for imported feed ingredients and widen export margins for US grain, though analysts note possible future upside from Brazilian soybean flows to China.
bricsgrain.comadmin https://www.bricsgrain.comMay 27, 2025Not 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.
