# Supramax freight rate for trans-Atlantic corrects amid tonnage oversupply - Shipping Herald

> Trans-Atlantic Supramax spot freight for the Recalada-to-Bejaia grain route fell to $61/mt on April 11 from a year-to-date high of $74/mt on March 31, a drop of over 20%. The decline reflects tonnage oversupply in East Coast South America, even as buyers shifted from the Black Sea to South American grain.

- Date: 2022-04-14 · published 2022-04-14T12:00:00.000Z
- Category: logistics · region ECSA · magnitude low
- Page: https://feedsoft.ai/events/41747-supramax-freight-rate-for-trans-atlantic-corrects-amid-tonnage-oversupply
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Atlantic Supramax rates reduce the cost of moving South American grain to Europe and North Africa, easing landed prices for importers while the Black Sea disruption continues to shift sourcing.

## Read by commodity

- SOY: neutral
- CORN: neutral
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-01-31 | [Supramax trans-Atlantic grain rates find a floor after multi-year lows - Shipping Herald](https://feedsoft.ai/events/37674-supramax-trans-atlantic-grain-rates-find-a-floor-after-multi-year-lows-shipping.md) | +1.3% | -4.0% |
| CORN | 2024-01-26 | [Freight rates for grain shipping from Ukraine's Odessa ports continue to decline - brokers](https://feedsoft.ai/events/32319-freight-rates-for-grain-shipping-from-ukraine-s-odessa-ports-continue-to.md) | -0.9% | -7.1% |
| CORN | 2025-04-14 | [Freight rates for grain transportation by coasters to Italy have increased on the Danube \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/16952-freight-rates-for-grain-transportation-by-coasters-to-italy-have-increased-on.md) | +1.1% | -5.2% |
| CORN | 2017-05-26 | [High Water Levels Still Affecting Shipping Traffic on Rivers From Central US to Gulf](https://feedsoft.ai/events/70896-high-water-levels-still-affecting-shipping-traffic-on-rivers-from-central-us-to.md) | -0.1% | -2.3% |
| CORN | 2019-04-26 | [The future of the Panama Canal: What’s next for grain and coal shipping - FreightWaves](https://feedsoft.ai/events/59492-the-future-of-the-panama-canal-what-s-next-for-grain-and-coal-shipping.md) | +0.6% | +5.3% |
| SOY | 2020-10-19 | [Grain trade has supported Panamax freight rates but coal risk still remains](https://feedsoft.ai/events/50534-grain-trade-has-supported-panamax-freight-rates-but-coal-risk-still-remains.md) | +3.2% | +8.7% |
| SOY | 2017-05-26 | [High Water Levels Still Affecting Shipping Traffic on Rivers From Central US to Gulf](https://feedsoft.ai/events/70896-high-water-levels-still-affecting-shipping-traffic-on-rivers-from-central-us-to.md) | -1.9% | -3.7% |
| SOY | 2019-09-09 | [Shipping freight market defies ongoing trade war - Rediff.com Business](https://feedsoft.ai/events/57261-shipping-freight-market-defies-ongoing-trade-war-rediff-com-business.md) | +4.7% | +8.4% |

## Sources

- shippingherald.com: https://www.shippingherald.com/supramax-freight-rate-for-trans-atlantic-corrects-amid-tonnage-oversupply/

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