# Rising Freight Puts Heavy Burden on Grain-Importing Nations -ICS

> Bloomberg reports that the head of the International Chamber of Shipping says 80 to 100 bulk carriers have been stuck in Ukrainian waters for nearly two months due to mines and blockades. Bulk freight rates are rising as owners price in longer tie-ups, and grain trade is shifting toward longer Americas routes to Africa and Asia.

- Date: 2022-04-19 · published 2022-04-19T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/42044-rising-freight-puts-heavy-burden-on-grain-importing-nations-ics
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher freight costs raise landed grain prices for importers in Africa and Asia and favor Americas origins, supporting US and South American grain values relative to Black Sea supplies.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-20 | [Grain-Importing Nations Hampered by Rising Freight Rates \| Feed & Grain](https://feedsoft.ai/events/41744-grain-importing-nations-hampered-by-rising-freight-rates-feed-and-grain.md) | +8.2% | +13.4% |
| WHEAT | 2026-02-09 | [Lower Ocean Freight Costs Boost Grain Export Competitiveness -](https://feedsoft.ai/events/16879-lower-ocean-freight-costs-boost-grain-export-competitiveness.md) | +1.4% | +6.9% |
| WHEAT | 2019-08-20 | [Ukrzaliznytsia Imposes New Restrictions On Grain Transportation » The Center for Transport Strategies](https://feedsoft.ai/events/57460-ukrzaliznytsia-imposes-new-restrictions-on-grain-transportation-the-center-for.md) | +2.0% | +0.3% |
| WHEAT | 2022-12-09 | [Drastic freight rate fall in Ukraine's deep sea ports brings no relief for grain trade - Fastmarkets](https://feedsoft.ai/events/38130-drastic-freight-rate-fall-in-ukraine-s-deep-sea-ports-brings-no-relief-for.md) | +10.3% | +8.2% |
| WHEAT | 2025-03-03 | [Freight rates for grain exports from Ukraine have increased \| Ukrainian and World Shipping News - Ukrainian Shipping Magazine - Ukrainian and World Shipping News](https://feedsoft.ai/events/25783-freight-rates-for-grain-exports-from-ukraine-have-increased-ukrainian-and-world.md) | -3.4% | +0.5% |
| CORN | 2022-04-20 | [Grain-Importing Nations Hampered by Rising Freight Rates \| Feed & Grain](https://feedsoft.ai/events/41744-grain-importing-nations-hampered-by-rising-freight-rates-feed-and-grain.md) | -1.5% | -1.2% |
| CORN | 2026-10-27 | [Grain freight rates from Ukrainian Danube ports to Egypt rise by $10/t in one week](https://feedsoft.ai/events/17247-grain-freight-rates-from-ukrainian-danube-ports-to-egypt-rise-by-10-t-in-one.md) | +0.0% | — |
| CORN | 2017-10-31 | [Turkey reels in Ukrainian corn on rising freight costs from Russia – media](https://feedsoft.ai/events/68318-turkey-reels-in-ukrainian-corn-on-rising-freight-costs-from-russia-media.md) | -3.7% | -5.7% |

## Sources

- gcaptain.com: https://gcaptain.com/rising-freight-puts-heavy-burden-on-grain-importing-nations-ics/

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