# Stronger freight prices seen as demand growing in grain season

> Supramax/Ultramax freight rates are firming as fronthaul demand grows and spot tonnage tightens. Petcoke freight from Houston to ARA rose to about $25/t, up $5/t month on month. Owners are gaining leverage as US grain offers are expected to increase.

- Date: 2022-10-25 · published 2022-10-25T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/39302-stronger-freight-prices-seen-as-demand-growing-in-grain-season
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger USG supramax freight raises the cost of shipping US grain and meal to export markets, which can widen US Gulf export basis and slow the start of the US grain season.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- cemnet.com: https://www.cemnet.com/News/story/173679/stronger-freight-prices-seen-as-demand-growing-in-grain-season.html

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