# The Ocean Transportation of Wheat | agefi.com

> An AMAGGI freight head outlines wheat ocean transport, noting about 170 million tonnes of the roughly 200 million tonnes of annual wheat exports move by sea. He flags Panama Canal drought delays affecting about 6 million tonnes of US Gulf exports and Red Sea disruptions.

- Date: 2024-04-04 · published 2024-04-04T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/30627-the-ocean-transportation-of-wheat-agefi-com
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Panama delays and higher freight on about 6 million tonnes of US Gulf wheat shift supply toward Canada, US West Coast and Australia at a premium, supporting wheat prices in affected markets.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-14 | [Grain off the rails: Transportation update \| paNOW](https://feedsoft.ai/events/16949-grain-off-the-rails-transportation-update-panow.md) | +3.9% | +3.1% |
| WHEAT | 2022-07-21 | [Grain Transportation Report, July 21, 2022](https://feedsoft.ai/events/16695-grain-transportation-report-july-21-2022.md) | -11.0% | -1.2% |
| WHEAT | 2021-11-12 | [The situation with grain transportation by rail remains tense in Ukraine](https://feedsoft.ai/events/44090-the-situation-with-grain-transportation-by-rail-remains-tense-in-ukraine.md) | +0.7% | -0.7% |
| WHEAT | 2024-01-04 | [Grain Transportation Report, January 4, 2024](https://feedsoft.ai/events/16569-grain-transportation-report-january-4-2024.md) | -1.7% | -1.9% |
| WHEAT | 2024-12-26 | [Grain Transportation Report, December 26, 2024](https://feedsoft.ai/events/16490-grain-transportation-report-december-26-2024.md) | +0.4% | -1.5% |
| KWHEAT | 2025-06-05 | [Grain Transportation Report, June 5, 2025](https://feedsoft.ai/events/16443-grain-transportation-report-june-5-2025.md) | -2.6% | -4.2% |
| KWHEAT | 2020-09-02 | [Secondary Rail Rates, Tight Elevation Capacity Continue to Support Wheat Export Prices - U.S. Wheat Associates](https://feedsoft.ai/events/51171-secondary-rail-rates-tight-elevation-capacity-continue-to-support-wheat-export.md) | -2.1% | +5.4% |
| KWHEAT | 2020-06-24 | [Limited Elevation Capacity Supports Gulf Wheat Export Basis - U.S. Wheat Associates](https://feedsoft.ai/events/52645-limited-elevation-capacity-supports-gulf-wheat-export-basis-u-s-wheat-associates.md) | +0.1% | +3.1% |

## Sources

- agefi.com: https://agefi.com/actualites/marches/the-ocean-transportation-of-wheat

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