# Americas grains exports raising Panamax demand 09.06.2022 - UkrAgroConsult

> High grain prices and demand following Russia's invasion of Ukraine are raising grain export volumes from North and South America and increasing Panamax cargo demand. The spot rate for US Gulf to north China grain was $80/t, up over 23% since the invasion began. Freight rates for grain Panamax routes hit record highs in the weeks after the war began.

- Date: 2022-06-09 · published 2022-06-09T12:00:00.000Z
- Category: trade · region Americas · magnitude medium
- Page: https://feedsoft.ai/events/40843-americas-grains-exports-raising-panamax-demand-09-06-2022-ukragroconsult
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Stronger Americas export flows and record freight costs tighten the availability of corn and wheat for importers and raise delivered feed costs. Shipping cost increases feed through into import prices.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-10-03 | [Strong export demand supports prices for grains - High Plains Journal](https://feedsoft.ai/events/11637-strong-export-demand-supports-prices-for-grains-high-plains-journal.md) | +0.6% | +5.8% |
| CORN | 2025-11-27 | [Feed Grains Weekly: Good export demand pushing up domestic prices - Grainews](https://feedsoft.ai/events/12530-feed-grains-weekly-good-export-demand-pushing-up-domestic-prices-grainews.md) | +1.0% | +1.9% |
| CORN | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | +0.4% | -5.5% |
| CORN | 2024-11-01 | [U.S. grains: Corn ticks up on export demand, easing harvest pressure - Grainews](https://feedsoft.ai/events/27421-u-s-grains-corn-ticks-up-on-export-demand-easing-harvest-pressure-grainews.md) | +2.5% | -0.2% |
| CORN | 2021-09-21 | [Corn shortage in Brazil will not end soon 21.09.2021 - UkrAgroConsult](https://feedsoft.ai/events/44917-corn-shortage-in-brazil-will-not-end-soon-21-09-2021-ukragroconsult.md) | +1.8% | +1.7% |
| WHEAT | 2022-03-21 | [India to boost wheat exports to fill void left by Ukraine conflict 21.03.2022 - UkrAgroConsult](https://feedsoft.ai/events/42250-india-to-boost-wheat-exports-to-fill-void-left-by-ukraine-conflict-21-03-2022.md) | +15.8% | +5.9% |
| WHEAT | 2025-11-27 | [Feed Grains Weekly: Good export demand pushing up domestic prices - Grainews](https://feedsoft.ai/events/12530-feed-grains-weekly-good-export-demand-pushing-up-domestic-prices-grainews.md) | +2.1% | +1.0% |
| WHEAT | 2022-09-23 | [Egypt Orders 1 Million Tons of French Wheat 23.09.2022 - UkrAgroConsult](https://feedsoft.ai/events/39521-egypt-orders-1-million-tons-of-french-wheat-23-09-2022-ukragroconsult.md) | -0.5% | -10.7% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/americas-grains-exports-raising-panamax-demand/

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